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Daily Markets Update: TSX Rises, U.S. Tech Stocks Slide as Oil Surges

   Friday, October 9, 2026 Daily Markets Update: TSX Rises, U.S. Tech Stocks Slide as Oil Surges Canadian shares edged higher on Thursday, while technology stocks dragged down the Nasdaq and S&P 500. Oil prices jumped amid renewed Middle East supply concerns, keeping inflation and interest rates in focus. Data timing: Canadian and U.S. stock-market figures below are official closing levels for Thursday, October 8, 2026. International markets reflect their latest reported completed session. Friday’s North American trading was still underway when this update was prepared. Markets at a glance Index / Asset Latest close Daily move S&P/TSX Composite 35,145.38 +103.52 (+0.30%) Dow Jones Industrial Average 51,231.64 +51.77 (+0.10%) S&P 500 7,765.36 −36.41 (−0.47%) Nasdaq Composite 27,193.34 −345.35 (−1.25%) WTI crude oil (November contract) US$91.49/barrel +US$3.21 Gold (December futures) US$4,157.00/oz +US$16.30 Canadian dollar US$0.7022 Up from US$0.7014 Canadian Press...

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Qatar Suspends Gaza Ceasefire Mediation Amid Stalemate

 

 Qatar has decided to suspend its mediation efforts in the Gaza ceasefire negotiations, citing a lack of progress and commitment from both Hamas and Israel. This decision marks a significant setback in the ongoing efforts to broker peace in the region.

An official briefed on the matter stated that Qatar will not resume its role until both parties demonstrate a sincere willingness to negotiate in good faith. The official also mentioned that the political office of Hamas in Doha “no longer serves its purpose” under the current circumstances.

Qatar has been a key mediator alongside Egypt and the United States, working tirelessly to facilitate a ceasefire and the release of hostages held by Hamas. However, the latest round of talks in mid-October failed to yield any agreement, with Hamas rejecting a short-term ceasefire proposal.

The suspension of Qatar’s mediation efforts underscores the growing frustration with the stalled negotiations and the ongoing conflict in Gaza. It remains to be seen whether this move will prompt a renewed commitment from both sides to return to the negotiating table.


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