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Weekly Market Snapshot: June 9–13, 2026

Canadian markets closed out a turbulent week on a positive note, as the Bank of Canada's decision to hold its benchmark rate at 2.25% and easing Iran tensions helped the TSX recover from a mid-week dip to finish the week up roughly 1.53% . A surprise Dollarama earnings beat gave the retail sector an additional lift. 📊 Market Scoreboard — Week of June 9–13 Index / Asset Level (Fri. Close) Weekly Change S&P/TSX Composite 34,937.85 ▲ +1.53% S&P 500 (USD) ~7,431 ▲ ~+0.6% wk Dow Jones (USD) 51,202 ▲ +0.7% Fri CAD/USD 0.7160 ▼ Modest pressure WTI Crude Oil (USD/bbl) ~$84.29 ▼ 8-wk low Gold (USD/oz) ~$4,226 ▲ ~2.8% Sources: Yahoo Finance Canada, Trading Economics, TMX Money. Figures reflect approximate Friday close / intraday levels as of June 13, 2026. 🔑 5 Things That Moved Markets This Week 1 — Bank of Canada Holds at 2.25% The BoC held its benchmark rate steady on Wednesday, June 11 — as widely expected after Canada's May jobs report came in with a blowout 88,000 new pos...
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Wall Street Rebounds Amid Earnings Anticipation and Geopolitical Tensions


Coming off their worst week since October, Wall Street is showing signs of recovery as investors brace for a busy week of earnings reports and geopolitical developments. Here’s a snapshot of today’s market activity:

  1. Earnings Optimism: Futures for the S&P 500 and the Dow Jones Industrial Average rose by 0.6% before the bell. Investors eagerly await data from the government’s latest retail sales figures and financial results from companies like Bank of America, United Airlines, and Netflix.

  2. Oil Prices Decline: Despite escalating tensions in the Middle East, oil prices fell. An attack late Saturday marked the first time Iran had ever launched a military assault on Israel. However, the precision and limited impact of Iran’s response suggest a strategic approach aimed at minimizing damage rather than escalating tensions. A barrel of benchmark U.S. oil declined to $84.96, while Brent crude, the international standard, lost ground at $89.77.

  3. Defense Contractors Surge: Nearly every sector showed gains early Monday, with defense contractors leading the way. Lockheed Martin rose by 1.8% before the bell.

  4. Apple’s iPhone Challenge: Apple shares ticked down slightly after a report revealed that the iPhone ranked second in phone deliveries during the first quarter, trailing behind Samsung. Concerns arise due to faltering iPhone sales in China and reports that the Chinese government may restrict its workers from buying iPhones.

  5. Global Markets: In Europe, Germany’s DAX and France’s CAC 40 rose by 1%, while London’s FTSE 100 slipped marginally. In Asian trading, Japan’s benchmark Nikkei 225 dipped by 0.7%.

  6. Currency Trends: The U.S. dollar strengthened against the Japanese yen, reaching another 34-year high as investors sought safety amid uncertainty.

As the week unfolds, investors will closely monitor earnings reports, geopolitical developments, and economic indicators. The delicate balance between global tensions and corporate performance remains at the forefront of market dynamics.


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