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Daily Markets Update: Peace Deal Lifts Global Sentiment | June 15, 2026

S&P/TSX Composite (Canada) 34,937.85 +0.77% (+266 pts) Friday close | Strong week building S&P 500 (US) 7,431.46 +0.50% Tech rebounds; AI dominance continues Dow Jones Industrial Average 51,202.26 +0.70% (+354 pts) SpaceX IPO boost lifts sentiment Nasdaq Composite 25,888.84 +0.31% Tech sector stabilizing post-volatility 🔑 Key Market Drivers US-Iran Peace Deal Optimism: Markets rallied Friday after news of a potential deal to reopen the Strait of Hormuz and lift oil sanctions. Oil prices tumbled—crude fell significantly—easing inflation concerns for consumers and businesses across North America. SpaceX Historic IPO: SpaceX opened at $150/share (above its $135 IPO price) and surged to $161.11—a stunning 19% first-day gain. The debut strengthened confidence in mega-cap tech and growth stocks, lifting the entire market sentiment. Canadian Dollar Softening: The loonie dipped to 0.7148 USD on Friday, down from 0.7240 USD earlier in the week. Weakness in commodity prices (especial...

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Israeli Strikes Claim Lives in Gaza as Ceasefire Talks Resume

 

In a tragic escalation of violence, Israeli military strikes have killed dozens of people in the Gaza Strip, including women and children. The strikes, which took place over the past 24 hours, have brought the death toll to 62, according to Palestinian medics. The attacks targeted various locations, including residential areas and a house in Gaza City, where 12 people were killed.

As the death toll rises, mediators have launched a new push for a ceasefire in Qatar. The talks, brokered by Qatari and Egyptian mediators with the support of the U.S. administration, aim to bring an end to the 15-month-long conflict and secure the release of Israeli hostages.

The situation remains tense, with both sides expressing a commitment to reaching an agreement, though it remains unclear how close they are to a resolution. The international community continues to call for an end to the violence and for humanitarian aid to reach those affected by the conflict.

The ongoing conflict has already displaced most of Gaza's 2.3 million residents and caused widespread destruction. As the talks proceed, the hope is that a ceasefire can be achieved to prevent further loss of life and suffering.




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