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5 Things to Know Today: Markets Near Records, Rates Hold, Oil Eases

  Here's what Canadian money watchers need to know as we head into the week: 1. TSX Hits Record Territory Amid Diplomatic Optimism The S&P/TSX Composite Index is hovering near 35,000 , approaching record levels as markets digest positive signals from U.S.-Iran negotiations. Senior officials say a deal to reopen the Strait of Hormuz could be signed at next week's G7 summit, easing geopolitical tensions and supporting oil-sensitive sectors. Financial stocks led gains—RBC, TD, and BMO all rose about 0.5–1%—while mining names like Agnico Eagle and WPM climbed despite softer gold prices. What it means for your wallet: A more stable geopolitical backdrop and lower oil prices could ease inflation concerns, improving conditions for your savings and investments. 2. Bank of Canada Holds Rates at 2.25% for Fifth Time On June 10, the BoC kept its benchmark overnight rate steady at 2.25% —marking five consecutive holds since October 2025. Governor Tiff Macklem cited a "two-directi...

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Historic Super Bowl LIX: President Trump and Taylor Swift Attend

 

Super Bowl LIX, held at the Caesars Superdome in New Orleans on February 9, 2025, was a star-studded event featuring notable attendees such as President Donald Trump and pop icon Taylor Swift. This marks the first time a sitting U.S. president has attended the Super Bowl. 

President Trump, accompanied by his family and several Republican senators, attended the game between the Kansas City Chiefs and the Philadelphia Eagles. In a pre-game interview, he predicted a victory for the Chiefs, praising quarterback Patrick Mahomes and his wife, Brittany, who has shown support for Trump on social media. 

Taylor Swift attended the game to support her boyfriend, Chiefs tight end Travis Kelce. She was seen wearing an oversized white blazer, denim shorts, and white over-the-knee boots, accessorized with a ruby-encrusted "T" pendant necklace co-designed with Lorraine Schwartz. Swift was accompanied by friends Ashley Avignone and rapper Ice Spice. 

Other celebrities in attendance included Jay-Z with his daughters, Meghan Thee Stallion, Kevin Costner, Adam Sandler, and Lionel Messi. 

The game itself was a thrilling contest, with the Chiefs aiming for a third consecutive Super Bowl title. The Eagles, led by quarterback Jalen Hurts, showcased a strong defense and effective offensive plays. The halftime show featured a performance by Kendrick Lamar, adding to the event's entertainment value. 

Super Bowl LIX not only highlighted exceptional athleticism but also underscored the cultural significance of the event, drawing a diverse array of celebrities and public figures.


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