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5 Things to Know Today — Oil Diplomacy, TSX Rally, Carney at UNGA, Bond Yields, Canada's AI Gap (Sept. 23, 2026)

  Wednesday, September 23, 2026  |  MoneySavings.ca Oil is pulling back. The TSX is rebounding. Carney is talking deals in New York. And two under-the-radar stories — bond yields creeping up and a warning about Canada's AI ambitions — could quietly reshape your finances. Here's what matters today. 01 of 05 Oil Drops Below $92 as US–Iran Talks Begin at the UN WTI crude pulled back toward $90 per barrel Wednesday — its lowest level since early September — as diplomacy replaced missiles at the United Nations General Assembly in New York. US envoys Jared Kushner and Steve Witkoff spent three hours in shuttle talks with Iranian officials on the UNGA sidelines, just hours after President Trump threatened Iran with "annihilation" in his address to the General Assembly. Iran had offered to reopen the Strait of Hormuz within seven days if the US agreed to ease its naval blockade. Brent settled down roughly 3–4%, snapping five days of decline but still elevated from pre-conflic...

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Wall Street Holds Steady as Target Earnings and Fed Minutes Take Center Stage

 

U.S. stock futures were little changed Wednesday morning, pausing after a volatile stretch for technology shares as investors digested fresh retail earnings and awaited key signals from the Federal Reserve.

The Dow Jones Industrial Average and S&P 500 hovered just below the flat line, while Nasdaq 100 futures slipped slightly following Tuesday’s tech-led selloff. Target’s quarterly results — which beat profit expectations but revealed ongoing pressure from tariffs and cautious consumer spending — sent its shares down 10% in premarket trading. The retailer also announced Michael Fiddelke will succeed Brian Cornell as CEO in 2026.

Lowe’s stock rose after lifting its 2025 forecast, offering a bright spot in the retail sector ahead of Walmart’s earnings on Thursday.

Market attention now turns to the release of the Fed’s July meeting minutes, expected to shed light on policymakers’ thinking around potential interest rate cuts. The report will serve as a prelude to Chair Jerome Powell’s speech at the Jackson Hole symposium on Friday, where investors hope to gain clarity on the central bank’s path amid a cooling labor market and persistent inflation pressures.

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