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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 9, 2026

 

IF TODAY IS YOUR BIRTHDAY

There is so much you can achieve on your own this year but it is what you accomplish working in harmony with other people that will make a real difference. Start out as a team player and end up leading the pack.

ARIES (March 21 - April 20):

Your creative juices will be flowing today and it won’t be long before you are working on something that you truly enjoy. You do, however, need to be aware that your growing success won’t please your rivals, so watch your back.

TAURUS (April 21 - May 21):

By all means be sociable today but don’t lose sight of the fact that there are still serious issues to be dealt with. Also, when on the move you must be aware of what is taking place around you. Not everyone is as switched on as you.

GEMINI (May 22 - June 21):

If you want to give your earning power a boost then do something different. The more you challenge yourself the more you will discover new ways to make some much-needed cash. You could start by selling off possessions you no longer need.

CANCER (June 22 - July 23):

Cosmic activity in your opposite sign, at odds with Jupiter in your own sign, means your priority today is to play down disagreements, both in your private life and at work. Strive to be nice to people, even those who may not deserve it.

LEO (July 24 - Aug. 23):

You have never been the shy and retiring type and you are not about to start now, but it will pay you to consciously hold back from getting involved in challenging situations. Why make trouble for yourself when you don’t have to?

VIRGO (Aug. 24 - Sept. 23):

Today’s Venus-Jupiter link means you will be in the groove creatively and pretty good in social situations as well. Don’t overdo it though as other influences warn it could be costly financially if you attract too much attention to yourself.

LIBRA (Sept. 24 - Oct. 23):

There is a danger today that you could be too much of a nice guy and let people get away with things that are not good for you and probably not good for them as well. Pretend to be tough even if you don’t really feel it.

SCORPIO (Oct. 24 - Nov. 22):

You need to relax more. There is so much going on in your world at the moment that you may be pushing both your body and your mind to extremes, so force yourself to slow down and take life at a slower, and healthier, pace.

SAGITTARIUS (Nov. 23 - Dec. 21):

By all means be generous over the next 24 hours but try to avoid making life easy for people who clearly cannot be bothered to make an effort for themselves. Funding their lazy lifestyle does no real good for them in the long-term.

CAPRICORN (Dec. 22 - Jan. 20):

With the sun linked to Mars in your sign today you must ignore any and all objections and push ahead with your ambitions. The simple fact is no one has the power to stop you or even to slow you down. You really can do as you please.

AQUARIUS (Jan. 21 - Feb. 19):

If you feel a bit rundown today it can only be because you have been pushing yourself too hard in recent weeks. At this time of year especially you must be kind to yourself physically, mentally and emotionally – because no one else will!

PISCES (Feb. 20 - Mar. 20):

You may have more friends than most people but how many of them can you say are quality friendships? The message of the stars today is you need to be done with individuals who drain your time and energy without giving much in return.

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