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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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Houthi Drone Strike Hits Ramon Airport, Disrupts Flights in Southern Israel



A drone launched from Yemen by the Iran-backed Houthi militant group struck the arrivals hall of Ramon International Airport near Eilat on Sunday, injuring at least one person and prompting the closure of southern Israel’s airspace.

According to the Israel Defense Forces, multiple drones were launched toward Israel, with several intercepted before crossing into its territory. However, one managed to hit the passenger terminal, causing shrapnel injuries and triggering a temporary suspension of all takeoffs and landings.

The Houthis claimed responsibility, calling the strike a “qualitative military operation” and warning that “enemy airports are unsafe”. The attack comes just two weeks after an Israeli airstrike in Sanaa killed the Houthi prime minister and several senior officials, escalating tensions between the two sides.

Ramon Airport, Israel’s second international gateway after Ben Gurion, has faced repeated threats from Yemen-based militants but had largely remained operational throughout the conflict. This latest incident underscores the growing reach of Houthi attacks, which have also targeted Red Sea shipping routes and Israeli cities in recent months.

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