Nvidia's Rally Fades as Markets Brace for Warsh's Jackson Hole Debut
Friday, August 28, 2026 Wall Street closed out its best day since early August on Thursday, with Nvidia's blowout earnings sparking a broad tech rally. But Friday is a different mood: markets across Asia and Europe are treading carefully as everyone waits for U.S. Federal Reserve Chair Kevin Warsh to deliver his first Jackson Hole speech since taking the job. Here's where things stand heading into the weekend. 🇨🇦 TSX: Steady Near Record Territory The S&P/TSX Composite closed Thursday at 36,834.25 , up 20.60 points (+0.06%), recovering from a nearly 100-point midday dip. Financials were the drag — the Capped Financials sub-index fell 0.62% after National Bank's stock slid more than 4% following its Q3 earnings, capping off a bank-earnings week that otherwise ran hot (Scotiabank, BMO, RBC and CIBC all posted double-digit profit growth). Energy stocks offset the weakness, with the Capped Energy Index up 0.82% as oil firmed. Index Close Change S&P/TSX Composite 36,8...
