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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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“One Battle” and “Hamnet” Shine Bright at the Golden Globes

Noah Jupe, Nicolas Gonda, Maggie O'Farrell, Pippa Harris, Joe Alwyn, Chloe Zhao, Steven Spielberg, Max Richter, Liza Marshall, Jessie Buckley, Paul Mescal and Jacobi Jupe pose with the Best Motion Picture - Drama Award for "Hamnet"

The Golden Globes delivered a lively start to Hollywood’s awards season as One Battle and Hamnet emerged as the night’s standout winners. The ceremony, held at the Beverly Hilton, mixed expected victories with a few headline‑making surprises that reshaped early awards‑season momentum.

One Battle dominated the comedy categories, taking home Best Motion Picture – Musical or Comedy along with key wins for directing, writing, and supporting performance. Its sharp tone and confident storytelling helped it convert its strong nomination count into major trophies.

In the drama field, Hamnet pulled off the evening’s biggest upset by winning Best Motion Picture – Drama, surpassing several heavily favored contenders. The film also earned recognition for its lead performance, solidifying its place as a rising force in the awards race.

With both films now positioned as frontrunners, the Golden Globes have set the stage for an exciting and unpredictable path toward the Oscars.


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