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5 Things to Know Today: Gordie Howe Bridge Opens, Gas Prices Drop, and the Fed Decision That Could Move Your Loonie

  Monday, July 27, 2026 From a long-delayed border crossing finally opening to a Fed decision that could nudge the loonie, here's what's moving Canadian wallets today. 1. The Gordie Howe Bridge Opens Today — But You Can't Drive on It Until August 1 The long-delayed Gordie Howe International Bridge between Windsor and Detroit holds its official opening today, July 27, more than six weeks after its original June target. The catch: today's ceremony doesn't mean traffic yet. Vehicles won't be allowed on the six-lane, cable-stayed span until August 1. Once open, the toll is set at $8 CAD (US$5.75) each way for most passenger vehicles. What it means for you: If you cross the Windsor-Detroit corridor for work, shopping, or family, mark August 1 on your calendar, not today, and budget roughly $8 a crossing on top of gas. 2. Gas Prices Are Easing After the Weekend Oil Crash Oil prices tumbled over the weekend after the US and Iran paused hostilities, with both Brent and...
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Dow’s Remarkable Rally: An 8-Day Streak of Triumphs

 

In an impressive display of resilience, the Dow Jones Industrial Average has secured its eighth consecutive day of gains, a streak not seen since early 2019. This sustained upward movement comes amid growing optimism that the Federal Reserve may introduce a rate cut sooner than anticipated.

Investors have been closely monitoring a series of speeches from Federal Reserve officials, seeking confirmation of the burgeoning belief that a rate reduction is imminent. This sentiment has been bolstered by recent indicators suggesting a cooling labor market, which could prompt a more accommodative monetary policy stance.

The Dow’s latest climb of roughly 0.2% is part of a broader recovery from April’s market slump, with the S&P 500 also advancing towards a record high. The tech-heavy Nasdaq Composite has paralleled this ascent, albeit at a more modest pace.

On the corporate front, standout performances include TSMC, whose shares surged following a 60% sales increase in April, driven by persistent demand for AI and a resurgence in consumer electronics.

As the market heads into the weekend, all eyes are on the upcoming consumer price index report, which will offer further insights into the Federal Reserve’s potential rate cut trajectory. Investors remain hopeful that a dovish turn in policy could sustain the current rally, propelling the Dow and its counterparts to new heights.

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