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5 Things to Know Today — September 22, 2026

  September 22, 2026 BoC hike odds reach a coin flip. Oil retreats from four-month highs. Trump's Belarus potash play draws fire. A new federal bill speeds up major projects — with strings attached. Here's what moves your money today. 1. BoC October Hike Is Now a Coin Flip The Bank of Canada next meets October 28 , and markets are evenly split on whether it will raise rates for the first time since cutting to 2.25%. The whiplash is largely imported: after the U.S. Federal Reserve hiked 25 basis points to 3.75–4.00% on September 16 in a unanimous 12-0 vote — the first American rate increase since July 2023 — market-implied odds of a matching BoC move jumped from below 10% to roughly 60% in two weeks, according to LSEG Data & Analytics. Before the BoC's September 2 hold, odds of a hold sat at 94%. The 175-basis-point gap between the BoC (2.25%) and the Fed (3.75–4.00%) is the widest since 2022, which puts direct downward pressure on the loonie and upward pressure on Ca...
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Wall Street Wavers Amid Tech Sector Turmoil and China Trade Concerns

 

Wall Street experienced a mixed opening on Thursday, following a significant downturn in the technology sector due to escalating trade tensions with China. Premarket trading showed varied results, with the Dow Jones Industrial Average futures dipping by 0.2%, while S&P 500 futures rose by 0.2%. The tech-heavy Nasdaq, which had its worst day since 2022, managed a slight rebound of 0.4%.

The market’s volatility was largely driven by concerns over potential new trade restrictions. Reports indicated that U.S. President Joe Biden is considering stringent measures against companies like ASML and Tokyo Electron if they continue to supply advanced semiconductor technology to China. This news sent shockwaves through the tech sector, with shares of Tokyo Electron plummeting 8.8% and other chip-related stocks also taking a hit.

In addition to the tech sector’s woes, Domino’s Pizza saw a significant drop of over 10% after announcing lowered expectations for store openings this year. Conversely, Chuy’s Holdings surged by 47% following the announcement of its acquisition by Darden Restaurants in a $605 million deal.

European markets showed modest gains, with France’s CAC 40 up 0.5%, Germany’s DAX inching up 0.2%, and Britain’s FTSE 100 adding 0.6%. Meanwhile, Japan’s Nikkei 225 index closed down 2.4%, reflecting the broader concerns over trade and currency fluctuations.

As the day progresses, investors will be closely monitoring developments in trade policies and their potential impact on the global economy.


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