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5 Things to Know Today: 68,300 Jobs Lost, Loonie at 18-Month Low, BoC Hike Odds Fade

  CANADIAN MONEY BRIEF | SATURDAY, OCTOBER 10, 2026 Canada's job losses pile up, the loonie slides to an 18-month low and the Bank of Canada's rate-hike case weakens. Here's what matters for your wallet this long weekend. 1 Canada lost 68,300 jobs in September Statistics Canada reported 68,300 fewer jobs in September, far worse than the roughly 9,200 gain economists polled by Reuters expected. The unemployment rate rose to 6.5% from 6.4%. It follows a 41,700 drop in August, which means Canada has now lost a net 41,200 jobs in 2026 (versus a gain of 211,300 at this point last year). Education plus health care and social assistance lost 58,400 jobs, manufacturing fell by 12,700 and youth employment (ages 15 to 24) dropped by 48,000. The participation rate slid to 64.8%, its lowest in 29 years outside the pandemic. What it means for you: Average hourly wages for permanent employees rose 2.3% year over year, which is slower than August inflation of 3.0%. If your pay isn'...
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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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