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TSX Bounces Back as Tech Rally and Beijing Summit Lift Canadian Markets — May 15, 2026

The composite gained 227 points Thursday on AI enthusiasm and U.S.–China trade optimism — here's what Canadian investors need to know heading into the weekend. MoneySavings.ca Staff   |  Friday, May 15, 2026  |   moneysavings.ca/canadian-money-brief 📊 Market Snapshot — Thursday Close Index / Asset Level Change S&P/TSX Composite 34,268 ▲ +0.67% TSX Financials 683.60 ▲ +1.62% TSX Energy 430.72 ▲ +1.16% CAD / USD 0.7288 ▼ −0.04% Crude Oil (WTI) $101.95 ▲ +0.77% Sources: Yahoo Finance Canada, TMX Money. Data as of Thursday close. TSX Recovers After Mid-Week Stumble Canadian stocks finished Thursday on a firm note, with the S&P/TSX Composite Index rising 226 points — or 0.67% — to close at 34,268. The recovery follows a rough Wednesday session in which the benchmark fell 0.7% amid concerns over stubborn inflation and hawkish signals from the U.S. Federal Reserve. Thursday's broad-based gains were led by the financial and energy sectors, which climbed 1....
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Tech Relief: U.S. Exempts Electronics from Latest Tariffs

In a significant move, the U.S. government has decided to exempt smartphones, computers, and other electronics from its latest round of tariffs. This decision, announced by U.S. Customs and Border Protection, provides much-needed relief to major technology firms like Apple and Dell Technologies, as well as chip manufacturers such as Nvidia.

The exemptions cover 20 product categories, including laptops, hard drives, memory chips, and flat-panel monitors. These items, primarily imported from China, will no longer be subject to the steep 125% reciprocal tariffs or the 10% baseline tariffs on imports from other countries. This move is expected to ease the financial burden on consumers and tech companies alike, especially as many of these products are not manufactured domestically.

Analysts have hailed the decision as a positive step for the tech industry, which has been grappling with uncertainties due to ongoing trade tensions. Dan Ives, a Wedbush Securities analyst, described the announcement as "bullish news" for tech investors. 

The exemptions reflect an awareness of the potential impact of tariffs on inflation-weary consumers and the broader economy. While the trade war between the U.S. and China continues, this decision offers a temporary reprieve for the tech sector. 



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