Daily Markets Update: Peace Deal Lifts Global Sentiment | June 15, 2026
S&P/TSX Composite (Canada) 34,937.85 +0.77% (+266 pts) Friday close | Strong week building S&P 500 (US) 7,431.46 +0.50% Tech rebounds; AI dominance continues Dow Jones Industrial Average 51,202.26 +0.70% (+354 pts) SpaceX IPO boost lifts sentiment Nasdaq Composite 25,888.84 +0.31% Tech sector stabilizing post-volatility 🔑 Key Market Drivers US-Iran Peace Deal Optimism: Markets rallied Friday after news of a potential deal to reopen the Strait of Hormuz and lift oil sanctions. Oil prices tumbled—crude fell significantly—easing inflation concerns for consumers and businesses across North America. SpaceX Historic IPO: SpaceX opened at $150/share (above its $135 IPO price) and surged to $161.11—a stunning 19% first-day gain. The debut strengthened confidence in mega-cap tech and growth stocks, lifting the entire market sentiment. Canadian Dollar Softening: The loonie dipped to 0.7148 USD on Friday, down from 0.7240 USD earlier in the week. Weakness in commodity prices (especial...
