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5 Things to Know Today — June 24, 2026

  Your quick Canadian personal finance briefing — markets, rates, inflation & more. 1  |  Markets TSX Under Pressure Mid-Week as Base Metals and Tech Slide X Composite is tracking lower Tuesday, weighed down by losses in the base metals and technology sectors. The index had bounced back Monday, closing at 35,002 — up 0.4% — as investors assessed progress in U.S.-Iran peace talks and Canada's May inflation print. Oil prices eased on hopes that Strait of Hormuz shipping lanes could gradually reopen, providing some relief on the energy-inflation front. Banking stocks remain a relative bright spot after last week's regulatory capital news (see #4 below), with RBC and BMO each posting gains of more than 1% earlier in the week. 2  |  Inflation May CPI Climbs to 3.2% — But Core Inflation Stays Tame Canada's annual inflation rate rose to 3.2% in May , up from 2.8% in April and above the market consensus of 3.0% — the highest headline reading since September 2023. Ga...
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Wall Street’s Bears Warn of Risks to Stocks Amid Slowing Economy


Wall Street’s stock sell-off is intensifying as concerns grow over the health of the US economy Dow Jones Industrial Average futures dropped 800 points, while Nasdaq 100 futures fell nearly 5%, and S&P 500 futures declined almost 3%. The CBOE Volatility Index soared to its highest level since the early days of the COVID-19 pandemic.

The global stock market is experiencing a rapid sell-off following a lackluster US jobs report, raising concerns about the economy and the Federal Reserve’s timing on interest rate cuts. Major companies like Apple, Nvidia, and Tesla saw significant declines, and Bitcoin dropped over 15%.

The sell-off has spread globally, with Japan’s Nikkei 225 experiencing its biggest-ever daily loss. Oil prices also fell, with WTI crude futures nearing $72 a barrel. This week, US unemployment claims will be closely watched for further economic insights.



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