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5 Things to Know Today — July 10, 2026: Jobs Report, Oil Prices & TSX Rally

  Friday, July 10, 2026 Canada's June jobs numbers are out this morning, oil is easing back after a rough week around the Strait of Hormuz, and the TSX just posted a solid gain. Here's what's moving markets and your wallet today. 1. Statistics Canada's June jobs report lands this morning Statistics Canada released its Labour Force Survey for June today. Economists polled by Reuters had pencilled in a modest gain of about 10,000 jobs, enough to hold the unemployment rate steady at 6.6%. That forecast follows May's surprise pop of 88,000 jobs, which pulled unemployment down sharply from 6.9%. This report is the Bank of Canada's last major economic read before its rate decision next week, so today's numbers matter more than usual for anyone watching mortgage renewals or variable-rate debt. 2. Oil prices cool off after a volatile week near the Strait of Hormuz Crude gave back some of its recent gains. West Texas Intermediate settled at US$72.08 a barrel on Thurs...
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S&P 500 and Nasdaq Set to Jump as Nvidia Surge Continues


US stock indexes are poised for gains early today as Nvidia’s record-breaking surge continues. The tech-heavy Nasdaq Composite futures lead the way, up about 0.7%, while S&P 500 futures point up around 0.4%. This follows the S&P 500’s 31st record close of the year on Tuesday.

Nvidia’s meteoric rise has captured investors’ attention, with its stock up more than 170% so far this year. Just two weeks after dethroning Apple as the No. 2 most valuable company, Nvidia now claims the title of the world’s most valuable public company, surpassing Microsoft.

Elsewhere, global central banks are in focus, with the Swiss National Bank cutting rates for the second time this year. The Bank of England maintains its benchmark rate at a 16-year high but signals a potential rate cut in the summer. In the US, traders continue to bet on a Fed rate cut by September.

Keep an eye on weekly jobless claims data today for further insights into the macroeconomic landscape.


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