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5 Things to Know Today — June 7, 2026

  Canada woke up to a week packed with market-moving events. Here are the five things every Canadian needs on their radar heading into Monday. 1 Labour Market Canada's Jobs Surprise: 88,000 Added in May Canada's labour market delivered a stunner on Friday. Statistics Canada reported 88,000 jobs were added in May — nearly nine times the 10,000 gain economists had forecast. The unemployment rate dropped to 6.6% from 6.9%, the lowest since January. Full-time work drove the gains, with construction, transportation, and information sectors leading the charge. The May report is the first significant employment gain since November 2025 and claws back most of the 112,000 jobs lost in the first four months of the year. Why it matters — This is welcome news for Canadians anxious about a technical recession, but the gains only partly offset earlier losses. A hotter labour market also raises the odds the Bank of Canada could hike rather than cut rates — watch the June 10 decision closel...
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Wall Street Awaits Key Nvidia Earnings and Inflation Data

 

Wall Street remained relatively quiet today as investors eagerly anticipate Nvidia’s upcoming earnings report and the latest inflation data from the government. Futures for the S&P 500 edged up slightly by less than 0.1%, while the Dow Jones Industrial Average remained nearly unchanged after setting an all-time high the previous day.

The focus is on Nvidia, a key player in the artificial intelligence sector, which is expected to report significant earnings growth. Analysts predict Nvidia will announce earnings of 64 cents per share, a remarkable 156% increase from the same period last year, with revenue projected at $28.6 billion, up 110% year-over-year.

In addition to Nvidia’s results, investors are closely watching the latest inflation data, which could influence the Federal Reserve’s future monetary policy decisions. The combination of corporate earnings and economic indicators is likely to set the tone for the markets in the coming days.

Stay tuned for updates as these critical reports are released.


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