Why is the Dow up today?

The Dow today rose for a second straight session as the pause on Greenland-linked tariffs eased geopolitical risk. A steady 2.8% PCE inflation reading kept policy hopes intact, while focus shifted to Big Tech earnings, led by Intel. Together, those drivers improved sentiment and supported a broad, though large-cap led, advance.

How do Dow futures guide the Canadian open?

Dow futures offer a quick read on overnight risk. Positive futures often point to higher TSX opens, especially when tech and financials lead. Still, currency moves, energy prices, and local headlines can change the picture. Use futures as a cue, not a guarantee, and confirm with premarket sector and ETF flows.

Is the rally sustainable from here?

Momentum improved, with RSI near 65 and ADX around 21 suggesting an uptrend building but not extended. Sustainability hinges on earnings quality and guidance. If breadth widens and volumes confirm, dips may hold. A break below the 20-day average would warn of a pause. Manage risk around key prints and levels.

What should Canadian investors watch next?

Track Big Tech results, guidance on AI spend, and U.S. macro updates. For the stock market today and tomorrow, monitor Dow futures, the Canadian dollar, and TSX sector leaders. Use ETF flows for confirmation. In portfolios, balance growth with dividends, and consider partial currency hedges if U.S. exposure is large.

Global Market Insights

^DJI Today January 23: Dow Rises Again as Greenland Tariff Risk Fades

ByDanny Kontos January 24, 2026January 24, 2026

Dow today advanced for a second straight session as risk eased after a pause on Greenland-linked tariffs. A steady 2.8% PCE inflation reading kept rate-cut hopes intact while attention shifted to Big Tech earnings, led by Intel. For Canadians, firmer U.S. equities supported global risk appetite and added tailwinds to TSX cyclicals. We also watched Dow futures for cues into tomorrow’s open. Below, we break down drivers, the Canada angle, a simple technical view, and practical steps for portfolios.