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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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S&P 500 and Nasdaq Futures Steady Near Record Highs

US stock futures are holding near record-high levels as Wall Street remains bullish. Here are the key highlights:

  1. Tech-Fueled Rally Continues:

    • The S&P 500 and Nasdaq have been on a tear, driven by a tech-fueled rally.
    • Evercore ISI raised its year-end price target for the S&P 500 to 6,000, while Goldman Sachs increased its target to 5,600.
    • Last week, the S&P 500 crossed the 5,400 level for the first time.

  2. Market Catalysts:

    • After last week’s double dose of inflation reports and the Federal Reserve meeting, fewer catalysts are expected this week.
    • Wednesday’s retail sales report will provide insight into the health of the US consumer.
    • Fed policymakers may continue discussing rate cuts; Minneapolis Fed President Neel Kashkari hinted at a possible December rate cut.

  3. Nasdaq’s “Perfect” Week:

    • The Nasdaq Composite achieved a fifth-straight record close last Friday.
    • Futures tied to the Nasdaq gained around 0.1%.

  4. Dow Jones Industrial Average:

    • Dow futures lost about 0.2%.

In summary, Wall Street remains optimistic, but investors are closely watching economic data and Fed decisions. Stay tuned for further updates!


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