Soft inflation numbers and oil push S&P and TSX to highs
The annual U.S. inflation rate cooled to 3.4% in July 2026, down from 3.5% in June. That and a 2.5% decline in WTI to US$81.20 lessened the odds of the U.S. Fed raising interest rates. These two factors sent markets rallying. By far, tech was the strongest sector on the
