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Weekly Market Snapshot: Records Everywhere as a Blowout Canadian Jobs Report Meets a Shock U.S. Loss

  August 8, 2026 A short, holiday-shortened week still managed to deliver record after record. The TSX, the S&P 500, the Nasdaq, and Europe's major indices all closed the week at or near all-time highs — even as Friday's jobs numbers told two very different stories on either side of the border. Here's everything that moved your money this week, and what to watch next. The Bottom Line The TSX capped its biggest weekly advance in about four months, closing Friday at a record 36,381.23 after Canada added a blowout 75,100 jobs in July (versus 17,800 expected). Wall Street also hit fresh records — but for the opposite reason: US employers unexpectedly cut 23,000 jobs, which markets read as reducing the odds of any further Fed rate hikes. Add in a fourth straight record close for European stocks, a wild swing in oil, and gold pushing toward US$4,400/oz, and it was a week where almost every major asset class ended up higher. 🇨🇦 Canada: TSX's Best Week Since April Canadia...

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U.S. Probes Leak of Classified Documents on Israel’s Attack Plans

 

The United States government has launched an investigation into the unauthorized release of highly classified documents detailing Israel’s plans to attack Iran. These documents, marked as top secret, were posted on the Telegram messaging app and first reported by CNN and Axios.

The leaked documents provide a detailed assessment of Israel’s military strategies and capabilities, including sensitive information that suggests Israel possesses nuclear weapons. The authenticity of the documents has been confirmed by multiple U.S. officials, who have expressed concern over the potential implications of this breach.

The investigation aims to identify the source of the leak and assess the potential damage to national security and international relations. This incident underscores the ongoing challenges in safeguarding classified information in the digital age.


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