The market entered Tuesday morning on a calmer note after Monday’s strong rally, with stock index futures modestly above fair value. The NASDAQ continued to lead the advance, while falling crude oil prices provided additional support for equities. The TSX and Dow Jones Industrial Average both reached new all-time highs, and attention remains on whether the NASDAQ can break above the 750 level to target higher resistance.
Sector performance was driven by weakness in energy and strength in precious metals and technology. Lower oil prices pressured energy stocks, with several major names among the day’s biggest losers. Meanwhile, gold and silver advanced toward key resistance levels, boosting mining shares. Technology stocks, particularly semiconductor-related companies, led gains in the U.S. market, while the VIX moved back onto a sell signal, supporting the current bullish market trend.
Stephen Whiteside
Tuesday, June 16, 2026
