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Daily Markets Update – June 19, 2026: U.S. Markets Dark for Juneteenth as TSX Slips and the Iran Deal Sends Oil Tumbling

  Friday is a quiet one south of the border — U.S. equity and bond markets are fully closed today in observance of Juneteenth , a federal holiday. With Wall Street dark, global attention has shifted to how markets everywhere else are digesting two big developments: the Federal Reserve's hawkish rate-hold this week and a landmark U.S.–Iran interim peace agreement that is now reshaping the energy outlook in real time. Canadian investors are not off the hook — the TSX is open and closed Thursday's session in the red, weighed down by sinking oil and mining stocks. At a Glance — Thursday Close / Friday as of Writing S&P/TSX Composite 34,969  ▼  ‑0.44% S&P 500 (Thu. close) ~7,501  ▲  +1.08% Nasdaq (Thu. close) 26,518  ▲  +1.91% Dow Jones (Thu. close) 51,565  ▲  +0.14% WTI Crude Oil ~US$77/bbl  ▼  ‑38% from Apr. high Gold (spot) ~US$4,178/oz  ▼  Pulling back CAD/USD ~0.714  (USD/CAD ~1.400) Nikkei 225 (Fri. close) ...
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Tech Stocks Surge Amid Tariff Relief: A Premarket Rally

Wall Street is buzzing as U.S. stock futures climb, fueled by a temporary reprieve on tariffs for certain electronics. The White House announced exemptions for smartphones, computers, and other consumer electronics, sparking optimism among investors. Tech giants like Apple and Nvidia saw significant premarket gains, with Apple rising 4.7% and Nvidia up 2.1%.

While the exemptions offer a short-term boost, uncertainty looms as President Trump hinted at upcoming tariffs on semiconductors. Analysts remain cautious, noting the potential impact on economic growth and inflation. Despite this, the Nasdaq 100 futures jumped 1.46%, reflecting the market's positive sentiment.

This rally comes after a week of volatility, with the S&P 500 recording its biggest weekly gain since November 2023. As earnings season kicks off, investors will closely monitor corporate results and economic data for further insights.



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