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Weekly Market Snapshot: Geopolitical Fog Meets Earnings Season as Markets Grind Higher

Week ending April 24, 2026 | Canadian Money Brief – moneysavings.ca Markets this week found themselves caught between two powerful forces: a roaring U.S. earnings season pushing stocks to fresh records, and a simmering Middle East conflict keeping oil elevated and investor nerves frayed. For Canadians, that makes for a complicated but important picture heading into the last week of April. TSX Composite: Stuck in the Mud The S&P/TSX Composite spent the week trading in a tight band near the 34,000 mark, unable to mount a meaningful rally. Tuesday delivered a sharp blow — the index plunged over 550 points to close at 33,808 as U.S.-Iran ceasefire talks collapsed after U.S. Vice President JD Vance abruptly cancelled his Pakistan trip, where he was set to lead negotiations. Wednesday brought a partial recovery, with the TSX adding roughly 0.4% to close at 33,955 , helped by gains in energy and mining stocks following President Trump's announcement of an indefinite ceasefire ex...
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Ontario Braces for Brutal Cold: Coldest Temperatures of the Year Arrive


Ontario is experiencing a dramatic temperature drop as the coldest air of the year sweeps across the province. After a brief warm-up on Saturday, temperatures are expected to plummet by as much as 20-24°C within 18-24 hours. The Arctic air mass will bring frigid conditions, with some areas seeing temperatures drop to -28°C by Monday.

Residents are advised to bundle up and limit outdoor exposure to avoid frostbite and hypothermia. Travelers should be cautious of icy roads and potential snowfall, especially around Lake Huron. The cold snap is expected to last until Wednesday, with lake-effect snow likely to continue throughout the week.



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