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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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Artemis II Launch Slips to March After Fueling Test Issues

                   NASA's Artemis 2 moon rocket on the pad at Kennedy Space Center in Florida.


NASA’s Artemis II mission, the first planned crewed journey around the Moon in more than fifty years, has been pushed to March after engineers identified problems during a critical fueling rehearsal. The team detected hydrogen leaks in the Space Launch System’s fueling hardware, prompting the agency to delay the mission while technicians investigate and implement fixes.

Artemis II will carry four astronauts on a ten‑day lunar flyby, marking a major milestone in NASA’s long‑term plan to return humans to the Moon and eventually establish a sustained presence there. Although the delay is disappointing for mission planners and spaceflight enthusiasts, NASA emphasized that ensuring crew safety takes precedence over schedule pressure.

With additional testing now underway, March stands as the earliest realistic opportunity for the mission to proceed, keeping the broader Artemis program moving toward its ambitious goals.

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