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U.S. stocks drift after oil prices ease and Big Tech stocks fall

U.S. stocks drifted through a mixed day of trading on Monday after oil prices eased and falling Big Tech stocks weighed on Wall Street.

Ryan Bushell’s Top Picks for June 22, 2026

Top Picks from Ryan Bushell, CEO and Portfolio Manager, Newhaven Asset Management

S&P/TSX composite falls more than 100 points as basic materials stocks weigh

Canada’s main stock index finished more than 100 points lower on Friday, weighed down by losses in the basic materials sector. 

Oil shipments rise in Hormuz although questions grow over Iran’s transit terms

Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway.

Rick Rule’s Top Picks for June 19, 2026

Top Picks from Rick Rule, President & CEO, Rule Investment Media.

Global shares ease as investors ponder U.S.-Iran peace talks; yen nears 40-year lows

Global shares dipped on Friday after U.S. and Iranian negotiators called off peace talks, while the risk of official Japanese intervention simmered as the yen traded on the brink of a 40-year low.

Vance delays trip to Switzerland to lead new U.S. talks with Iran on its nuclear program

The White House said Thursday night that U.S. Vice-President JD Vance was delaying a trip to Switzerland to lead a new round of negotiations with Iran over its nuclear program — raising questions about what’s next for the tentative agreement to end the war.

TSX falls more than 150 points amid weaker energy stocks, U.S. markets rise

Canadian and U.S. markets moved in opposite directions Thursday as commodity prices weighed on materials and energy stocks. 

Stocks rise on Wall Street, erasing much of their loss from a day earlier

Stocks rose on Wall Street Thursday and erased most of their losses from a day earlier to notch weekly gains.

Traffic flows through Hormuz as U.S.-Iran deal takes effect, questions remain

Oil tankers sailed through the Strait of Hormuz and the United States said it lifted its blockade on Iran on Thursday as an interim deal to end the war took effect, though key issues are still unresolved between the two countries.

Chris Blumas’ Top Picks for June 18, 2026

Top Picks from Chris Blumas, Portfolio Manager, Raymond James Investment Counsel

OPEC sticks to robust oil demand outlook, sees no peak to 2050

OPEC maintained its forecast for robust global oil demand growth in the next four years on Thursday and nudged up its longer-term view, citing a worldwide shift towards more supportive policies for oil use and saying there was no sign demand would peak.

Trump, Iran sign agreement that U.S. claims will dilute Tehran’s uranium, open Strait of Hormuz

Donald Trump said he signed an agreement with Iran Wednesday that the U.S. claims will call for Tehran to dilute its stockpile of highly enriched uranium and waive sanctions on the country, immediately allowing Iran to sell its oil freely.

Canadian and U.S. stock markets fall on fears of rate hike by U.S. Fed

Canadian and U.S. stock markets finished in negative territory on Wednesday amid fears of higher U.S. interest rates.

U.S. stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve

U.S. stocks dropped on speculation the Federal Reserve may raise interest rates this year to keep a lid on inflation.