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Daily Markets Update – June 19, 2026: U.S. Markets Dark for Juneteenth as TSX Slips and the Iran Deal Sends Oil Tumbling

  Friday is a quiet one south of the border — U.S. equity and bond markets are fully closed today in observance of Juneteenth , a federal holiday. With Wall Street dark, global attention has shifted to how markets everywhere else are digesting two big developments: the Federal Reserve's hawkish rate-hold this week and a landmark U.S.–Iran interim peace agreement that is now reshaping the energy outlook in real time. Canadian investors are not off the hook — the TSX is open and closed Thursday's session in the red, weighed down by sinking oil and mining stocks. At a Glance — Thursday Close / Friday as of Writing S&P/TSX Composite 34,969  ▼  ‑0.44% S&P 500 (Thu. close) ~7,501  ▲  +1.08% Nasdaq (Thu. close) 26,518  ▲  +1.91% Dow Jones (Thu. close) 51,565  ▲  +0.14% WTI Crude Oil ~US$77/bbl  ▼  ‑38% from Apr. high Gold (spot) ~US$4,178/oz  ▼  Pulling back CAD/USD ~0.714  (USD/CAD ~1.400) Nikkei 225 (Fri. close) ...
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TSX rises as energy and consumer staples lead




The Toronto Stock Exchange’s S&P/TSX composite index ended up 71.66 points, or 0.3%, at 21,061.88 on Monday, approaching its 20-month high of 21,074.91 reached last week. The energy and consumer staples sectors were the main drivers of the gains, as oil prices recovered some of their losses and investors digested a Bank of Canada business survey.

The survey showed that Canadian firms saw their order books decline as interest rates crimped consumer spending, and they expected inflation to ease despite increased concerns over wages for the next year. The report could keep the door open for interest rate cuts in the first half of the year, according to some economists.

The energy sector rose 0.9% as U.S. crude oil futures settled at $72.50 a barrel, down 0.3%. The consumer staples sector added 0.8%, boosted by shares of Saputo Inc and Loblaw Co, which climbed about 1.6% and 1.5%, respectively. The utilities sector also ended 1.1% higher.

Trading volumes were lower than usual, with U.S. markets closed for the Martin Luther King Jr. Day holiday. On Tuesday, Canada will release its consumer price index report for December, which could offer more clues on the central bank’s policy outlook. Economists expect inflation to rise to 3.4% from 3.1% in November.

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