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Tech Giants Lift Markets as Investors Brace for Fed Decision

Both the S&P 500 and the Nasdaq hit their highest levels in more than a week on Monday. Wall Street finished the day on a strong note, with major U.S. indexes advancing as investors positioned themselves for a pivotal week of corporate earnings and a closely watched Federal Reserve meeting. Market Momentum The S&P 500 and Nasdaq extended their recent winning streak, marking their longest run of gains in weeks. Confidence was fueled largely by heavyweight technology stocks, which continued to attract buyers ahead of their upcoming earnings reports. What’s Driving the Optimism Companies such as Apple, Microsoft, Alphabet, Broadcom, and Meta helped propel the market higher. Their performance has been central to the broader rally, especially as enthusiasm around artificial intelligence remains a dominant theme in tech valuations. Eyes on Earnings and the Fed Investors are now turning their attention to earnings guidance from these major firms, which could determine whether t...
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Ottawa Unveils Five‑Year GST Credit Boost With Special June Top‑Up

Prime Minister Mark Carney makes a point as he answers a question from media during an event at a grocery store in Ottawa on Monday, Jan. 26, 2026. 

Ottawa is moving ahead with a major affordability measure aimed at helping low‑ and modest‑income Canadians manage rising household costs. The federal government plans to increase the GST credit by 25% for the next five years, providing a steady boost to quarterly payments for millions of eligible residents.

To deliver more immediate relief, a one‑time top‑up will also be issued in June, giving households an extra financial lift as food and essential expenses continue to strain budgets.

Under the enhanced benefit, a family of four could receive close to $1,900 in the first year, while a single individual may see their annual support rise to nearly $950. The government says the measure is part of a broader effort to improve affordability while longer‑term strategies to address high living costs continue to develop.


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