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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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All-American Potato Salad

 


 Ingredients (Serves 6)

  • 2 lbs russet potatoes, peeled & cut into ¾-inch cubes
  • 1 tbsp + ¾ tsp salt, divided
  • 2 tbsp distilled white vinegar
  • ½ cup finely chopped celery
  • 2 tbsp minced red onion
  • 3 tbsp sweet pickle relish
  • ⅔ cup mayonnaise (use a good-quality brand)
  • ¾ tsp dry mustard
  • ¾ tsp celery seed
  • 2 tbsp minced fresh parsley
  • ¼ tsp freshly ground black pepper
  • 2 hard-boiled eggs, chopped (optional but recommended)

Instructions

  1. Cook the Potatoes
    Place potatoes in a large pot, cover with cold water by 1 inch, and bring to a boil. Add 1 tbsp salt, reduce heat, and simmer for ~8 minutes until fork-tender. Drain.

  2. Add Vinegar
    While still warm, transfer potatoes to a bowl and drizzle with vinegar. Toss gently and let sit for 20 minutes.

  3. Make the Dressing
    In a separate bowl, mix celery, onion, relish, mayo, mustard, celery seed, parsley, pepper, and remaining ¾ tsp salt.

  4. Combine & Chill
    Gently fold the dressing and chopped eggs into the potatoes. Cover and refrigerate for at least 1 hour.


Tips 

  • Start potatoes in cold water for even cooking.
  • Let potatoes absorb vinegar while warm for extra flavor.
  • Make ahead—the flavors deepen overnight.

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