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5 Things to Know Today: BoC Decision Looms, TSX Sits Near Record Highs

  Saturday, July 11, 2026 Here's what Canadians need to know heading into the week, as markets brace for the Bank of Canada's rate decision and the CUSMA trade file keeps grinding along. 1. The Bank of Canada decides Wednesday, and a hold is all but locked in The Bank of Canada's next rate announcement lands July 15, and virtually every economist on Bay Street expects the overnight rate to stay parked at 2.25% — what would be a sixth straight pause. A stronger-than-expected June jobs report has taken away any urgency to cut, while cooling inflation and lingering trade uncertainty argue against a hike. Expect the accompanying statement to lean on familiar language: steady as she goes. 2. June's jobs report beat expectations, and the jobless rate ticked down Statistics Canada reported employers added roughly 18,000 jobs in June, ahead of forecasts and building on May's much larger 88,000-job gain. The unemployment rate slipped to 6.5%, back to where it stood in Januar...
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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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