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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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Your daily horoscope: January 10, 2026

 

IF TODAY IS YOUR BIRTHDAY

You will have to make some major compromises over the coming year and while not all of them will be easy they will, in total, add up to a very good investment. Make sure you are guided by common sense rather than by your ego.

ARIES (March 21 - April 20):

Go ahead and live your wildest dream. If there is something you really want to do but have been holding back on because you feared what others might say then get rid of your doubts and go after it now. Only good things will come of it.

TAURUS (April 21 - May 21):

You know you are destined for bigger and better things, but you are finding it hard to work out exactly what those things might be. Give yourself some time and space this weekend to consider your options and then make a final choice.

GEMINI (May 22 - June 21):

This weekend’s Mars-Jupiter link cuts across the financial axis of your chart, so you cannot afford to be reckless with money, either your own or other people’s. The message of the stars is clear:Tthis is not a good time to take risks.

CANCER (June 22 - July 23):

Jupiter in your sign is a wonderful influence but as it is opposed by the sun and Mars this weekend you won’t get everything your own way. Accept that compromise is inevitable and get the best deal you can without causing bad feelings.

LEO (July 24 - Aug. 23):

You may be tempted to get assistance from a friend or family member who occupies a position of power this weekend but the planets warn if you do the cost will be high. Do you really need help? See how far you can go by yourself.

VIRGO (Aug. 24 - Sept. 23):

If you know what you want there is no power on Earth that can stop you from getting it. The only problem is that once you have got it you may decide it wasn’t what you wanted after all. It’s not essential, so give it a miss.

LIBRA (Sept. 24 - Oct. 23):

The best way to stay on good terms with friends and colleagues is by accepting that their desires are not the same as your own. Don’t try to push them in a direction they don’t want to go, and don’t let them push you in the opposite direction.

SCORPIO (Oct. 24 - Nov. 22):

You cannot allow a disagreement of some kind to carry on any longer. Make an effort to reach out to a rival this weekend and let them know you are ready to compromise. Half a win, for both of you, is better than no win at all.

SAGITTARIUS (Nov. 23 - Dec. 21):

You may not be the sort to back down but you are smart enough to recognize that you went too far earlier in the week. Be smart and back away from a claim you can now see was untrue. It could save you a lot of money.

CAPRICORN (Dec. 22 - Jan. 20):

Mars in your sign endows you with the kind of self-belief that moves mountains but because it’s at odds with Jupiter this weekend there is a danger the mountain could tip over on you. Be adventurous by all means but don’t be reckless.

AQUARIUS (Jan. 21 - Feb. 19):

Have you been too lenient with someone who deserved a harsher response? Probably, but there’s no need to blame yourself because it’s better to have too soft a heart than a heart of stone. Hopefully they are smart enough to realize that too.

PISCES (Feb. 20 - Mar. 20):

Don’t let your current run of good fortune blind you to the fact that things could easily change. What occurs over the next 48 hours will remind you that in the game of life you can be a winner one moment and a loser the next.

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