Markets are shut until Monday, and the TSX stays closed for Thanksgiving. Friday's close: TSX +1.5%, WTI US$91.85
Friday's closes, from DailyDrop's quote feed: S&P/TSX Composite 35,664.62 (+1.48%), USD/CAD 1.4254 (+0.2%), S&P 500 7,811.54 (+0.59%), Nasdaq 27,366.17 (+0.64%), Dow 51,654.95 (+0.83%), WTI US$91.85 (+0.39%), gold US$4,216.3 (+1.43%) and the 10-year Treasury yield 5.244%. Bloomberg said strong earnings keep U.S. stocks in favour and AI debt issuance is defying rising yields. Reuters, citing the Financial Times, said Nvidia is in talks to invest further in Reflection AI or buy it. FinancialJuice reported an Energy Department emergency crude swap of up to 4 million barrels.
Prices were set before the Riyadh strike and the Gulf incidents were known, so Monday's U.S. trading and Tuesday's TSX open will be the first test.
If your portfolio holds Canadian energy shares or you buy fuel, the oil reaction matters. The TSX is closed Monday; U.S. stocks trade.
Strong earnings and falling rate worries justify the rally.
A 5.2% ten-year yield and a new Gulf flashpoint leave little cushion.
Do not read much into a weekend with no trading. The real signal is how oil and the loonie open after a Gulf shock and a holiday gap.
DailyDrop Canada edition No. 7 · Morning · SUN., OCT. 11, 2026