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Wall Street Futures Tick Higher as 2026 Trading Begins

U.S. stock futures moved higher early Friday, signaling a confident start to the first trading session of 2026. The gains follow a strong multi‑year run for equities and come as investors look ahead to a new year of economic and corporate developments. Dow Jones Industrial Average futures edged up, S&P 500 futures posted a modest rise, and Nasdaq futures led the early advance with a stronger uptick. The move reflects continued enthusiasm for technology and growth‑oriented sectors, which helped drive markets through much of the previous year. Despite bouts of volatility in late 2025, major indexes closed the year with solid performance, supported by resilient consumer spending, easing inflation pressures, and expectations of a more accommodative monetary environment. As 2026 begins, traders are watching several themes: the timing and pace of potential interest‑rate cuts, the durability of tech‑sector leadership, and whether gains will broaden across more industries. Early future...
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Toronto Transit Workers Face Friday Strike Deadline

 

Toronto transit workers are on the brink of a strike unless negotiations see significant changes on key contract issues. The looming deadline, set for Friday just past midnight, could trigger the first TTC strike since 2008.

Core Issues and Impasse

ATU Local 113 president Marvin Alfred stated that negotiations have reached an “impasse.” The union’s nearly 12,000 members are moving toward a strike unless core issues—such as wages, benefits, and job security—are addressed. The union seeks protections against outsourcing jobs to third parties and cross-boundary service transfers to other Greater Toronto Area transit operators.

Optimism and Challenges

TTC spokesperson Stuart Green remains optimistic that a deal can be worked out before the deadline. Negotiations are likely to go down to the wire, balancing the challenging work of union members with affordability for the City of Toronto. TTC chair Jamaal Myers echoes this optimism, emphasizing the need for contingency plans.

Impact on Commuters

A strike could disrupt travel plans for tens of thousands of commuters who rely on TTC subways, streetcars, and buses. While both sides continue bargaining, it’s essential for commuters to have a backup plan in place.



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