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Oil Surges Past $103 as TSX Extends Losing Streak

  Markets are lower this morning as oil surges past US$103 and tech stocks remain under pressure, with the TSX coming off a fourth straight decline. Below is your ready-to-publish Canadian Money Brief update for April 29, 2026 , built from today’s market data and news. TSX slips as oil spikes and global tensions rise The S&P/TSX Composite opened at 33,584 , down 0.69% from yesterday’s close as weakness in tech and materials continues to weigh on the index. Rising geopolitical tensions and renewed uncertainty around the Iran conflict have pushed WTI crude above US$103 , lifting Canadian energy names but not enough to offset broader declines.  U.S. markets are also softer, with the S&P 500 down 0.49% and tech stocks retreating amid renewed AI growth concerns.  Oil rallies on OPEC turmoil Crude prices are up more than 3% , driven by the UAE’s announcement that it will exit OPEC and by expectations of prolonged supply disruptions tied to the Iran war.  ...
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Deadly Night in Kharkiv as Russian Strikes Devastate Residential Areas

                                Rescuers work at the site of an apartment building hit by a Russian missile strike.

Russia launched a wave of drones and missiles across Ukraine overnight, with Kharkiv suffering some of the deadliest impacts. At least seven people, including children, were killed when a missile struck a five‑story residential building in the city. Emergency crews battled fires and searched through rubble as officials reported at least 10 additional injuries. 

The attack triggered a nationwide air‑raid alert as ballistic missiles and drones targeted multiple regions. Ukrainian President Volodymyr Zelenskyy condemned the strikes and called for a stronger international response. Local authorities described widespread damage to infrastructure and residential areas, underscoring the continued intensity of Russia’s campaign. 

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