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Markets Update — Friday, June 26, 2026: Global Tech Sell-Off Rattles Markets as TSX Holds Firm

  Friday, June 26, 2026 — Reporting on confirmed June 25 closing data. Asian and European figures reflect Friday session activity. 🇨🇦 Canada — TSX The S&P/TSX Composite Index closed Thursday at 34,850 , up 0.3% on the day — a relatively resilient showing while Wall Street struggled with a tech-driven selloff. Gains in the financial and mining sectors carried the index. The big Canadian banks were a bright spot: TD Bank added 0.9%, Royal Bank gained 0.4%, and BMO rose 0.9%. On the mining side, Agnico Eagle gained 1.7% as gold prices held near the $4,000 level. Technology names were the drag. Shopify fell 2.6%, Constellation Software lost 3.6%, and Celestica shed 0.7%, tracking the broader global selloff in tech stocks. Still, with Canadian tech making up a far smaller portion of the TSX than it does on U.S. indices, the damage was contained. Investors also parsed Thursday's Bank of Canada Summary of Deliberations, which confirmed policymakers are keeping monetary policy flexi...
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Dow Leads US Futures Higher Following Nvidia Earnings

 

In the wake of Nvidia’s recent earnings report, U.S. stock futures are showing positive momentum. The Dow Jones Industrial Average futures have risen by 0.5%, indicating a potential return to record highs. Meanwhile, futures on the tech-heavy Nasdaq 100 and the S&P 500 have also seen modest gains, up 0.1% and 0.2% respectively.

Nvidia’s earnings, while solid, fell short of some investor expectations, leading to a reassessment of tech stocks’ prospects. Despite this, the overall market sentiment remains optimistic, with the Dow leading the charge.

Investors are closely watching how the market will react in the coming days, particularly in the tech sector, which has been a significant driver of recent market performance.


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