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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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Grandmother Feared Swallowed by Sinkhole While Searching for Cat

 


Authorities are currently conducting a search and rescue mission for 64-year-old Elizabeth Pollard, who is feared to have been swallowed by a sinkhole while looking for her cat, Pepper. The incident occurred in the village of Marguerite, about 40 miles east of Pittsburgh.

Pollard's family reported her missing early Tuesday morning after she went out Monday evening to search for her cat. Her car was found parked near the Union Restaurant, and her 5-year-old granddaughter was discovered safe inside the vehicle. The sinkhole, which appeared to be new, was not noticed by hunters and restaurant workers in the area earlier in the day.

Rescue teams have been using an excavator and a pole camera with a sensitive listening device to search the area. A shoe was spotted about 30 feet below the surface, leading authorities to believe Pollard may still be in a void. The sinkhole is suspected to have been caused by subsidence from old coal mining activity in the area.

The community is holding out hope for a positive outcome as the search continues.




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