Markets head south after Fed’s meeting report and Trump’s comments on Middle East war
The Canadian Vanguard Stock Market Report – Wednesday, June 18, 2025 Edition
.
The Toronto Market
The TSX composite index gained 18.46 points or 0.07%, to close the session at 26,559.85. The TSX started the session much higher but closed the session far off the session’s highs. The market got choppy and the index declined from late afternoon following President Trump’s comment about US possibly joining the attack against Iran.
The Market Breadth: Durable Consumer Goods & Services gained 0.60% as six of the ten major sectors ended the session gaining today. Financials gained 0.57%; Technology gained 0.29%, Industrials gained 0.28%, and Healthcare gained 0.03%. Basic Materials declined -0.095; Discretionary Consumer Goods & Services declined -0.42%; and Energy declined -1.01%. Energy was the laggard today, but was the top-performing sector yesterday. The Israel-Iran war and Trump’s threat to join the war caused significant market disruptions today.
Industry Groups: The top five industry groups in the TSX today were: Textiles & Leather Goods, up 6.15%; Auto & Truck Manufacturers, up 4.48%; Entertainment Production, up 4.01%; Electrical Components & Equipment, up 3.12%; and Chemicals – Commodity, up 2.33%.
Today’s Statistics: Today, the issues that gained (Advancers) outnumbered those that declined (Decliners). There were roughly three Advancers for every two Decliners, or a more exact ratio of 1.66-to-1.0. In real numbers, there were 1,173 Advancers to 705 Decliners while 176 stocks remained Unchanged.
Today, there were 99 new 52-Week Highs and 18 new 52-Week Lows. There were 71 new 52-Week Highs and 21 new 52-Week Lows yesterday.
The total volume of shares traded at the TSX today was 383,316,879, or 1.6% less than the volume of 389,205,065 shares traded yesterday.
.
The US Markets
The major indexes closed mixed on Wednesday. The Dow Jones Average index declined -44.14 points or -0.10%, and closed the session at 42,171.66. The S&P 500 index declined a scant -1.85 points or -0.03% to close at 5,980.87. The Nasdaq Composite gained 25.18 points or 0.13%, to close the session at 19,546.27. In small caps, Russell 2000 gained 19.50 points or 0.93% to close at 2121.46.
Markets are closed tomorrow, Thursday, June 19, for the Juneteenth Independence Day Holiday.
Today’s Market Statistics
At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were five Advancers for every four Decliners, or an exact ratio of 1.27-to-1.0. In actual numbers, there were 2,285 Advancers to 1,791 Decliners with 310 Unchanged.
Today, there were 102 new 52-Week Highs and 55 new 52-Week Lows. There were 97 new 52-Week Highs and 78 new 52-Week Lows yesterday.
The total volume of stocks traded today at the NYSE was 5,198,185,951, or 3% higher than the total volume of 5,052,742,751 shares traded yesterday.
On the NASDAQ, the Advancers outnumbered the Decliners. There were roughly three Advancers for every two Decliners, or an exact ratio of 1.40-to-1.0. In actual numbers, there were 2,633 Advancers to 1,895 Decliners with 179 Unchanged.
Today, there were 129 new 52-Week Highs and 103 new 52-Week Lows. There were 97 new 52-Week Highs and 120 new 52-Week Lows yesterday.
The total volume of shares traded at the NASDAQ today was 8,088,447,930, or 9% less than the total volume of 8,843,479,615 shares traded yesterday.
Market Roundup Report
The Federal Reserve left the interest rate unchanged. Fed Chairman Powell’s speech indicates the Fed is in no rush to cut interest rates. President Trump’s comments on joining the attack on Iran, along with the Fed chairman’s comments, sent the markets downward. Markets became choppy, and indexes closed well off the day’s highs. The rally remains intact, however.
Oil Price: Oil prices continue to rise as the Iran-Israel conflict remains a source of uncertainty for the markets. US crude oil prices rose 0.4% to $75.14 per barrel. US Oil price was at $75.22 per barrel as of the time (12:30am ET, Wednesday) of this post update.
10 –year Treasury Yield: The 10-year Treasury yield was virtually unchanged but at 4.40%, after the Fed’s report at the conclusion of their two-day meeting at 2pm Wednesday. The 10-year yield was at 4.391%, virtually unchanged as of the time (12:30am ET, Wednesday) of this post update.
After-hours action: Futures were lower Wednesday evening. Dow Futures was down -87.00 points or -0.20% vs. fair value. S&P 500 futures was down -13.75points or -0.22%, and Nasdaq 100 futures was up -0.28% as of the time (8:30 pm ET, Wednesday) of this post update.
.
Stock In The News /Stock To Watch
The US Markets
Small-cap stocks had a better session than the large caps at the market on Wednesday. Russell 2000 gained and were up at the session. Some of the stocks to keep an eye on in the US markets going forward include: Circle Internet (CRCL), Credo Technology (CRDO), Jabil Circuits (JBL) and Robin Hood Markets (HOOD).
.
Regular Market Day Features
The Canadian Vanguard Beginner Investor’s Watchlist
The Financials had a good session at the markets on Wednesday.
The Blended Growth Stock Watchlist
EV Manufacturers and Resource Stocks
NOTICE TO READERS
Our readers are strongly advised to conduct their research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation. Any recommendation is not a guarantee of any particular stock’s future prices, and The Canadian Vanguard accepts no responsibility or liability for investors’ or readers’ purchases.
The Canadian Vanguard’s Stock Market Reports, https://www.thecanadianvanguard.com/category/stock-markets/ are composed by senior Financial Industry and Information Technology professionals. We deliberately neither engage nor deploy AI tools to produce these reports.
