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Weekly Market Snapshot — June 23–27, 2026

  Canadian markets finished the week on a positive note, with the S&P/TSX Composite closing Friday at 34,980 — up roughly 53 points from Monday's open near 34,927. Materials and financials did the heavy lifting, while tech continued to drag. Below is your complete snapshot of the numbers that matter most to Canadian investors and consumers this week. 📈 S&P/TSX Composite Metric Value Friday Close (Jun 27) 34,980.00 ▲ Friday Change +129.79 pts  (+0.37%) Monday Open (Jun 22) ~34,927 52-Week Range 26,547 – 35,630 1-Year Return +31.05% The TSX ended the week modestly positive despite tech turbulence. Gold prices lifted the materials sector , with Agnico Eagle, Barrick, and Franco-Nevada each gaining nearly 2% at points during the week. The big banks also provided ballast — TD, RBC, and BMO all posted gains as easing oil prices cooled inflation fears and pushed bond yields lower. On the downside, Shopify fell as much as 2.6% and Constellation Software shed 3.6% mid-week a...

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Market Watch: Inflation and rate fears dampen stocks

 

Investors are bracing for another volatile week as concerns about inflation and interest rate hikes continue to weigh on global markets. 

Despite a strong earnings season and signs of economic recovery, many traders are worried that rising prices and supply chain disruptions could force central banks to tighten monetary policy sooner than expected. As a result, major stock indices have been trading in a narrow range, with little direction or momentum.

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