What Happened in Markets Today — May 13, 2026: Inflation Surges, Tech Holds, and Canada Watches Earnings

What Happened in Markets Today — May 13, 2026 Some trading sessions revolve around one major event. Wednesday’s market action was different. Investors had to process a hotter-than-expected U.S. inflation report, rising oil prices, fresh earnings from major Canadian companies, and ongoing geopolitical developments tied to the U.S.-China summit. Markets did not collapse under the…

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Canada's Technical Recession and the Road Back: What the Q1 GDP Shock Means for TSX Investors in June

The TSX Rebounds as US-Iran Truce Optimism Lifts Mining and Real Estate Shares

Table of Contents Market Context What Happened Why It Matters Sector Breakdown Risks to Watch What to Watch Next Final Outlook Market Context Canada’s equity markets spent much of early May navigating an unusually turbulent intersection of geopolitical stress and corporate earnings season. The S&P/TSX Composite Index had suffered three consecutive losing sessions heading into…

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Bank of Canada Rate Decision in Focus as TSX Prices Stability — But Undervalues Hawkish Risk

Bank of Canada Rate Decision in Focus as TSX Prices Stability — But Undervalues Hawkish Risk

The Bank of Canada will announce its next interest rate decision on April 29, with markets broadly expecting the overnight rate to remain unchanged at 2.25%. According to a Reuters poll conducted between April 21 and 24, all surveyed economists anticipate a hold, while market-implied pricing from interest rate swaps suggests a high probability of…

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TSX Closes in May Lower as Energy Earnings Weigh and Banks Reflect Soft GDP Data

TSX Closes Near Flat at 33,904 as Iran Standoff Keeps Markets on Edge

The S&P/TSX Composite Index finished the week essentially unchanged, settling near 33,904 on Friday as a tense geopolitical standoff between the United States and Iran continued to cloud investor sentiment. The index oscillated throughout the session, with gains in select gold miners and retail-facing stocks offset by weakness across the financial and energy subsectors. Volume…

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AtkinsRéalis and CPKC Positioned for Canada's $100B Nation-Building Infrastructure Push

Carney’s Liberal Majority Reshapes the TSX Investment Thesis: What It Means for Canadian Stocks

Prime Minister Mark Carney secured a parliamentary majority for his Liberal government on Monday following by-election wins and five floor crossings by opposition MPs over the past several months, bringing the party to 173 seats — just above the threshold required for a majority. The development, confirmed ahead of Tuesday’s trading session, was interpreted by…

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Shopify Faces AI Disruption Fears Despite Strong Fundamentals

Shopify shares have tumbled 31% over the past three months, closing at $115 on April 13, as investors grapple with concerns that artificial intelligence could disrupt traditional software business models. The Ottawa-based e-commerce platform reported fourth-quarter revenue growth of 31% and authorized a $2 billion share buyback, yet the stock sold off sharply alongside other…

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TSX Closes in May Lower as Energy Earnings Weigh and Banks Reflect Soft GDP Data

TSX Holds Ground Near 34,000 as Oil Rally Offsets Banking Weakness

The S&P/TSX Composite Index closed Thursday at 34,052 points, down 0.30%, as mixed sector performance reflected competing forces in the Canadian market. Energy stocks extended gains driven by elevated oil prices, while major banks retreated on easing stagflation concerns and moderating crude rallies. Canadian Natural Resources rose 0.92% as West Texas Intermediate crude maintained strength…

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