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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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Israel Strikes Hezbollah Weapons Smuggling Sites in Syria Amid Ceasefire Tensions


Israeli aircraft struck Hezbollah weapons smuggling sites along Syria's border with Lebanon on Saturday, November 30, 2024, testing a fragile ceasefire that took effect earlier this week. The Israeli military stated that the sites were used to smuggle weapons from Syria to Lebanon, which it deemed a violation of the ceasefire terms.

The ceasefire, brokered by the United States and France, calls for an initial two-month truce, during which Hezbollah militants are to withdraw north of Lebanon's Litani River, and Israeli forces are to return to their side of the border. Despite the ceasefire, sporadic violence has continued, reflecting the uneasy nature of the agreement.

There was no immediate comment from Syrian authorities or Hezbollah. The Israeli military has accused Hezbollah of violating the ceasefire multiple times since it began on November 27, 2024. Lebanon has also accused Israel of ceasefire violations.

The situation remains tense as displaced residents return to their homes amid warnings from both the Israeli and Lebanese militaries to stay away from certain areas.


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