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Oil Crashes 7% as U.S.–Iran Truce Sparks a Global Market Rally: Your July 27 Markets Update

  Monday, July 27, 2026 Markets are waking up to the biggest piece of good news in weeks. Over the weekend, the United States paused its nearly two-week airstrike campaign against Iran, and Tehran said it would halt retaliatory strikes in return. Oil prices — which had spiked above $100 a barrel on Middle East fears — are tumbling, and stocks from Tokyo to Toronto to New York are rallying in relief. Here's what happened, and what it means for your money. 🇨🇦 Toronto Stock Exchange (TSX) The S&P/TSX Composite closed Friday at 35,369.10 , up 0.5% on the day, as gains in financials, mining, and technology offset a pullback in energy stocks after crude eased from its earlier highs. Big movers Friday: Constellation Software +4%, Shopify +1.6%, and Agnico Eagle +0.7% on higher gold, while Celestica tumbled 8.7% tracking a chip-stock selloff, and Cenovus dipped ahead of its July 29 earnings. With oil sinking sharply again this morning, expect energy names (Suncor, Canadian Natural, C...
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Stellantis Bets Big on America with Record $13 Billion Investment

                                          Stellantis Spends $13 Billion To Revive Jeep And Dodge In America

Stellantis, the parent company of Jeep, Dodge, and Ram, has announced the largest U.S. investment in its 100-year history — a staggering $13 billion commitment to expand its American manufacturing footprint.

The automaker plans to boost U.S. production by 50% over the next four years, launching five new vehicles and creating more than 5,000 jobs across plants in Michigan, Ohio, Illinois, and Indiana. The investment will also fund the reopening of the Belvidere, Illinois, assembly plant, the production of a new midsize Ram truck in Ohio, and the next-generation Dodge Durango in Detroit.

CEO Antonio Filosa emphasized that the move strengthens Stellantis’ U.S. presence while responding to tariff pressures that have made imports from Canada, Mexico, and Europe more costly. “This investment in the U.S. — the single largest in the company’s history — will drive our growth, strengthen our manufacturing footprint, and bring more American jobs to the states we call home,” Filosa said.

The announcement sent Stellantis shares up more than 5% in after-hours trading, signaling investor confidence in the company’s aggressive U.S. growth strategy.


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