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TSX Hits Record High as Iran Deal Lifts Markets — Daily Update, June 16, 2026

Oil tumbles on Strait of Hormuz reopening framework. All eyes on the Federal Reserve as Kevin Warsh chairs his first policy meeting. Here is everything moving Canadian wallets today. Tuesday, June 16, 2026  |  MoneySavings.ca 🇨🇦 TSX — Another Record on the Books The S&P/TSX Composite closed at a fresh all-time high on Monday, June 15, topping 35,398 intraday before finishing near the upper end of its range. The index is now up more than 11% year-to-date , the second-best performance among major global indexes tracked through mid-June — behind only Japan's Nikkei (+31%). Monday's rally was broad-based, fuelled by a surge in risk appetite following the announcement of a U.S.–Iran peace framework over the weekend. Energy, financials, and materials all participated, though energy stocks gained somewhat less than the others as crude oil prices simultaneously fell sharply on the Strait of Hormuz reopening news — a rare case where the same headline pushed the index up and one ...

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Piña Coladas

 


If you like piña coladas, whip up this frosty cocktail with frozen pineapple, cream of coconut, and rum.

INGREDIENTS

  • 2 cups frozen pineapple chunks
  • 2 cups ice cubes
  • 6 oz. (¾ cup) Coco Lopez® Cream of Coconut
  • 2 oz. (¼ cup) full-fat unsweetened coconut milk
  • or heavy cream
  • 6 oz. (¾ cup) white rum
  • Juice of 1 lime (about 2 tablespoons)
  • Pineapple slices and/or Maraschino cherries, for
  • garnish


  • INSTRUCTIONS  

Put the pineapple, ice, cream of coconut, coconut milk (or heavy cream), rum, and lime  juice into a blender.

Blend until smooth and frosty. Pour into glasses and garnish with pineapple slices and Maraschino cherries, if desired. Serve immediately.





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