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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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U.S. Captures Venezuela’s Maduro After Overnight Strikes, Trump Announces

                                       US President Donald Trump said Venezuela's Nicolas Maduro had been captured.

The United States launched a series of coordinated overnight strikes in Venezuela, resulting in the capture of President Nicolás Maduro, according to an announcement from U.S. President Donald Trump. The operation targeted military and strategic sites across Caracas, with residents reporting explosions and low‑flying aircraft during the assault.

Trump stated that Maduro and his wife were detained and removed from the country as part of a joint military and law‑enforcement mission. U.S. officials indicated that Maduro is expected to face long‑standing criminal charges in the United States.

Venezuelan authorities condemned the strikes as an attack on national sovereignty and called for public mobilization. The international community is closely watching the rapidly evolving situation as Venezuela confronts the sudden removal of its leader.


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