S&P/TSX composite index up more than 200 points, U.S. markets drift amid retail data
Disappointing U.S. retail sales raise bets for more rate cuts
- By: Daniel Johnson, The Canadian Press
- February 10, 2026 February 10, 2026
- 17:21
Disappointing U.S. retail sales raise bets for more rate cuts
Housing starts forecast to drop to 247,000 this year as costs, inventories rise
Economists had expected a 0.4% increase
Rents are still 12.9% higher than levels seen before the Covid pandemic
They rose 2.3% in 2025, while business insolvencies fell by 21.8%
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Economic growth outlook remains weak, inflation forecasts moderate
Policy failed to cover hedge fund investment that turned out to be a fraud
Labour survey shows first net loss of jobs since August
Sharp drops for big tech companies yanked the U.S. market lower
Canadian equities forecast to outperform, provide diversification: Desjardins
Some borrowers are extending their amortization periods to lower their monthly payments
Employers have added just 28,000 jobs a month since March
Meanwhile, gold and silver prices rose after paring bigger, early gains
The auto sector faces uncertainty ahead of the CUSMA review later this year
Precious metals stage recovery while tech stocks see declines
Lower-income households have lost ground since 2023
Office market entering period of growth, while retail real estate sector has stabilized: report