Published July 5, 2026 Your morning rundown on the Canadian economy, markets, and money moves — TSX hits a record close, CUSMA talks roll past the deadline, the first CGEB payment lands, and what to expect ahead of the Bank of Canada's July 15 decision. 1. TSX closes at a record high on gold-miner strength The S&P/TSX Composite climbed 0.9% to close at a record 35,275 on Friday, July 3, powered by gold mining stocks. Gold prices firmed after U.S. nonfarm payrolls for June came in at roughly half the expected pace, fuelling bets that the Federal Reserve could turn more dovish. Agnico Eagle, Wheaton Precious Metals, and Barrick all posted solid gains, while financials like Scotiabank and BMO also moved higher on easing oil-supply concerns. Why it matters: if you hold Canadian equity index funds in your TFSA or RRSP, resource and financial-sector strength has been doing a lot of the heavy lifting this year — worth knowing if your portfolio feels more concentrated than you'd...
Stock Market Today: S&P 500 and Nasdaq Futures Point Higher Ahead of Key Inflation Data
US stock futures are showing optimism as Wall Street awaits crucial inflation data. Here are the highlights:
- S&P 500 Futures (ES=F): Up 0.2%
- Nasdaq Futures (NQ=F): Rose 0.3%
- Dow Jones Industrial Average Futures (YM=F): Hovering just below the flatline.
Investors are closely monitoring economic indicators this week. Tomorrow, we’ll get the latest reading on consumer prices, followed by July’s retail sales data on Thursday. After a recent bout of volatility, the S&P 500 and Nasdaq are gradually recovering toward their year-to-date highs.
In individual stock news:
- Home Depot (HD): Shares fell after the company adjusted its outlook for comparable same-store sales.
- Nvidia (NVDA): Gained over 1% in premarket trading, building on Monday’s 4% gain.
- Trump Media (DJT): Shares declined further after former President Donald Trump’s return to the X platform for a live event with CEO Elon Musk.
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