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5 Things to Know Today – June 9, 2026

  Here are the five stories shaping your money today — from tomorrow's pivotal Bank of Canada decision to a looming trade deadline that could affect every Canadian business. 1. 🏦 Bank of Canada Decides Tomorrow — Hold Expected, But It's Not Simple All eyes are on Ottawa as the Bank of Canada announces its overnight rate decision on Wednesday, June 10 at 9:45 a.m. ET. The benchmark rate currently sits at 2.25%, and a hold is the widely expected outcome. But experts say it's the most uncertain call in months. Canada's economy has slipped into a technical recession — Q1 2026 GDP contracted at an annualized rate of -0.1%, following a downward revision to Q4 2025 (-1.0%). Under normal conditions, that would point toward a rate cut. But with energy-driven inflation climbing to 2.8% in April and geopolitical pressures still unresolved, the Bank is stuck between a rock and a hard place. Governor Tiff Macklem holds a press conference at 10:30 a.m. ET. Markets will be listening ...
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Wall Street Holds Steady as S&P 500 Hits Record Ahead of Christmas Break

Market Snapshot – December 24, 2025

  • Dow Jones Futures: Flat at 48,735 points
  • S&P 500 Futures: Near 6,957 points, little changed after Tuesday’s record close
  • Nasdaq 100 Futures: Slight dip of 0.1% to 25,796.5 points
  • S&P 500 Index: Closed Tuesday at 6,909, its latest all-time high

Key Drivers

  • Robust economic growth continues to fuel investor optimism.
  • Seasonal “Santa Claus rally” has lifted stocks for four consecutive sessions.
  • Markets will close early today at 1 p.m. EST and remain shut tomorrow for Christmas Day.
  • Traders remain cautious about inflation and potential Federal Reserve rate cuts in 2026.

Quick Take

Wall Street enters the holiday season on a high note, with the S&P 500 near the 7,000 mark and futures showing little movement. The shortened trading session means liquidity will be thin, amplifying small moves. Still, the overall tone remains upbeat, with investors betting that the year-end rally will carry into the final days of 2025.


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