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Weekly Market Snapshot: Fed Hikes, Oil Above $100 and the TSX Finally Snaps Its Losing Streak (Sept. 15–19, 2026)

  September 19, 2026 It was the week everyone was waiting for. The Federal Reserve raised interest rates for the first time in three years — and almost immediately, markets started debating whether there's more to come. Meanwhile, oil pulled back from the week's highs but stayed well above $100 a barrel, and the TSX managed its first weekly gain after four straight weeks in the red. Here's everything that moved markets — and what it means for your wallet. 🍁 Canada — TSX Index Friday Close Week Change S&P/TSX Composite 35,806.65 +0.3% After four straight weeks in negative territory, the TSX finally caught a break — though "break" is generous. The index eked out a 0.3% weekly gain while closing Friday down 69.58 points (-0.2%), as rising bond yields and lingering energy-sector pressures kept the mood cautious on Bay Street. Financials were mixed: RBC edged slightly lower, TD rose 0.6%, but Fairfax Financial slid 2.6%. Gold miners pulled back after rallying shar...
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Tragedy Strikes: Israeli Airstrike on Gaza School Claims 80 Lives

 

In a devastating incident, an Israeli airstrike targeted a school-turned-shelter in Gaza City, resulting in the loss of at least 80 lives. Palestinian health authorities reported the casualties, making it one of the deadliest strikes in the ongoing 10-month conflict between Israel and Hamas. The Israeli military claimed that the strike hit a Hamas command center within the school, but evidence remains elusive. 

The Tabeen school, like many others in Gaza, had been providing refuge for displaced civilians forced to flee their homes due to the war. The tragedy unfolded during early morning prayers, catching people unaware and causing unimaginable suffering. The victims included women, children, and the elderly. 

As the world grapples with the human toll of this conflict, we must continue to seek peace and humanitarian solutions to prevent further loss of life.

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