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Markets recover as Trump signals Iran talks still possible

MoneySavings.ca  ·  Daily Market Brief Monday, April 13, 2026  ·  End-of-day edition Markets recover as Trump signals Iran talks still possible S&P/TSX 33,696 ▲ +218 pts (+0.65%) Fri. S&P 500 6,886 ▲ +69 pts (+1.02%) Nasdaq 23,184 ▲ +1.23% Dow Jones 48,218 ▲ +302 pts (+0.63%) WTI Crude ~$104 ▲ +8.1% — elevated CAD/USD 0.7226 Roughly flat Overview North American markets closed firmly in positive territory on Monday, shaking off a rocky open that saw major indices fall more than 1% in early trading. The turnaround came after President Trump stated that the U.S. had been "called by the other side," hinting that Iranian officials may still be open to negotiation despite weekend talks in Islamabad collapsing without a deal. For Canadian...

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Devastating Storms Leave U.S. South and Midwest Reeling


A relentless storm system has wreaked havoc across the U.S. South and Midwest, leaving communities grappling with rising rivers and widespread destruction. Torrential rains and powerful tornadoes have claimed at least 18 lives, with Tennessee bearing the brunt of the fatalities. 

Floodwaters have inundated homes, roads, and critical infrastructure, prompting evacuations and emergency responses in states like Kentucky, Arkansas, and Missouri. The National Weather Service has issued warnings for major flood stages in multiple locations, forecasting continued threats as waterways swell. 

Amid the chaos, utilities have scrambled to shut off power and gas, while cities deploy sandbags to protect homes and businesses. The storms have also disrupted air travel, with hundreds of flights canceled or delayed. 

As communities brace for more rainfall and potential tornadoes, the resilience of those affected shines through. Emergency crews and volunteers are working tirelessly to provide aid and support to those in need. 

The devastation serves as a stark reminder of the power of nature and the importance of preparedness in the face of extreme weather events.

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