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Oil Crashes 7% as U.S.–Iran Truce Sparks a Global Market Rally: Your July 27 Markets Update

  Monday, July 27, 2026 Markets are waking up to the biggest piece of good news in weeks. Over the weekend, the United States paused its nearly two-week airstrike campaign against Iran, and Tehran said it would halt retaliatory strikes in return. Oil prices — which had spiked above $100 a barrel on Middle East fears — are tumbling, and stocks from Tokyo to Toronto to New York are rallying in relief. Here's what happened, and what it means for your money. 🇨🇦 Toronto Stock Exchange (TSX) The S&P/TSX Composite closed Friday at 35,369.10 , up 0.5% on the day, as gains in financials, mining, and technology offset a pullback in energy stocks after crude eased from its earlier highs. Big movers Friday: Constellation Software +4%, Shopify +1.6%, and Agnico Eagle +0.7% on higher gold, while Celestica tumbled 8.7% tracking a chip-stock selloff, and Cenovus dipped ahead of its July 29 earnings. With oil sinking sharply again this morning, expect energy names (Suncor, Canadian Natural, C...
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Autumn’s Arrival: What the New Season Brings This Monday

 

As summer fades, fall officially begins on Monday, September 22, 2025, at 2:19 p.m. EDT, marked by the autumnal equinox. While the season is often associated with cozy sweaters, pumpkin spice, and brilliant foliage, there are a few key changes worth noting as we transition into autumn.

1. Shorter Days Ahead

From the first day of fall to the start of winter, daylight hours shrink dramatically. In Toronto, for example, the day length drops from just over 12 hours in late September to only about 9.5 hours by December. Expect darker mornings and earlier sunsets as the weeks roll on.

2. Clocks “Fall Back”

Daylight Saving Time ends on Sunday, November 2, when clocks are set back one hour. While the shift gives us an extra hour of sleep, it also means evenings will feel much darker, which can affect mood and energy levels.

3. Temperatures Take a Tumble

Autumn is a transitional season, and the cooling trend is steep. In Edmonton, average highs drop by more than 20°C between September and December. Toronto and Halifax also see sharp declines, reminding us that winter is just around the corner.


Whether you’re excited for crisp air and colorful leaves or already dreading the cold, fall is here to stay. Time to bundle up, reset your clocks, and enjoy the fleeting beauty of the season.


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