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Daily Markets Update: Hot U.S. CPI Rattles Tech, Kospi Crashes 7.6%, TSX Slides 1.1% (Oct. 15)

  Thursday, October 15, 2026 | Canadian Money Brief | Daily Markets Update A hotter-than-expected U.S. inflation report turned Wednesday into a risk-off day, and the damage spread overnight to Asia, where South Korea's Kospi crashed 7.6% and triggered a market-wide circuit breaker. Here is where Canada, the U.S. and the world's other major markets stand this morning. Today's Headlines U.S. CPI hit 3.7% in September (3.6% expected, 3.4% in August), with core inflation at 2.6%. The Nasdaq fell 1.88% and the S&P 500 lost 1.11%. The TSX fell 1.11% to 35,584.46 , ending a three-day winning streak as materials plunged 4.33%. Asia sold off hard on AI valuation fears: Kospi -7.57% (seventh straight loss), Nikkei -4.90%. The loonie sits near an 18-month low at about 70.1 US cents as Fed-hike bets rise. Brent closed at US$106.06 and gold slid to a one-week low near US$4,084. Canada: TSX Ends Three-Day Win Streak The S&P/TSX Composite Index fell 399.52 points, or 1.11%, to...

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Mediterranean Braised Chicken Thighs

 

Ingredients:

  • 2 tablespoons butter
  • 2 tablespoons olive oil
  • 6 bone-in chicken thighs (about 2 pounds)
  • 1 can (14 ounces) water-packed small artichoke hearts, drained
  • 3 shallots, halved
  • 1/3 cup dry white wine
  • 1/2 cup pitted Greek olives
  • 1/3 cup reduced-sodium chicken broth
  • 1 tablespoon lemon juice
  • 1 garlic clove, thinly sliced
  • 1 tablespoon drained capers
  • 1 teaspoon ground sumac or za’atar seasoning

Instructions:

  1. Preheat oven to 375°.
  2. In a 12-in. cast-iron or other ovenproof skillet, heat butter and oil over medium-high heat.
  3. Brown chicken, skin side down. Turn thighs over; arrange artichokes and shallots around chicken. Cook 1 minute longer.
  4. Add wine to pan; cook 1 minute longer, stirring to loosen browned bits from pan.
  5. Add remaining ingredients to pan.
  6. Bake 15-20 minutes or until a thermometer inserted in chicken reads 170°-175°.


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