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TSX Rebounds as Oil Climbs and Canada’s Jobs Data Lands

  Friday, May 8, 2026  ·  Canadian Money Brief  ·  moneysavings.ca TSX Opens Higher After Thursday Dip Canadian stocks are staging a recovery Friday morning, with the S&P/TSX Composite climbing back after a rough Thursday. The index shed 0.4% to close at 33,857 as investors locked in recent gains ahead of U.S. and Canadian jobs data due Friday — with energy shares dragging it lower as oil pulled back. As of Friday morning, the TSX had recovered to around 33,932, up roughly 1.1% , following positive cues from Wall Street futures. Oil Back in Focus: Geopolitics Drive WTI Toward $96 WTI crude futures climbed toward $96 per barrel on Friday , recouping some of the week’s losses as fresh clashes between the U.S. and Iran threatened to derail diplomatic efforts to end the conflict. U.S. Central Command confirmed American forces intercepted Iranian attacks and carried out defensive strikes, while guided missile destroyers passed through the Strait of Ho...
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Trump Defies Advisers, Insists on Being 'Protector' of Women

 

Former President Donald Trump revealed that his advisers had cautioned him against describing himself as a "protector" of women, a phrase he used in late September and reiterated at a recent rally in Wisconsin. Despite their advice, Trump doubled down on his stance, stating, "I'm going to do it whether the women like it or not. I'm going to protect them from migrants coming in. I'm going to protect them from foreign countries that want to hit us with missiles and lots of other things".

Trump's remarks have sparked controversy, with critics arguing that his paternalistic tone alienates female voters. Harris campaign aides were quick to highlight the comments, suggesting they reflect Trump's disregard for women's autonomy. The former president's insistence on this rhetoric comes as he struggles to gain traction among female voters, a demographic that has historically been challenging for him.

As the election approaches, Trump's campaign continues to navigate the delicate balance of appealing to his base while attempting to broaden his support among key voter groups.
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