Wall Street Holds Firm As Trump Eyes Permanent Ceasefire

The Canadian Vanguard Stock Market Report – Monday June 23, 2025 Edition

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The Toronto Market

The TSX composite index advanced 111.79 points or 0.42%, to close the session at 26,609.36. The TSX is clearly entrenched above the 26,000 value.

                                                                                                               

Today’s Statistics: Today, the issues that gained (Advancers) outnumbered those that declined (Decliners). There were roughly five Advancers for every two Decliners, or a more exact ratio of 2.42-to-1.0. In real numbers, there were 1,369 Advancers to 566 Decliners while 140 stocks remained Unchanged.

Today, there were 108 new 52-Week Highs and 18 new 52-Week Lows. There were 90 new 52-Week Highs and 15 new 52-Week Lows on Friday.

The total volume of shares traded at the TSX today was 450.045,297, or 36% less than the volume of 706,837,442 shares traded on Friday.

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The US Markets

The major indexes advanced today, which turned out to be a very positive market session, and the S&P 500 is back above the 6000 points level. The Dow Jones Average index gained 374.96 points or 0.89%, to close the session at 42,581.78. The S&P 500 index gained 57.33 points or 0.96% to close at 6,025.17. The Nasdaq Composite declined 183.56 points or 0.94%, to close the session at 19,630.98. In small caps, Russell 2000 advanced 23.42 points or 1.11% to close at 2132.68.

The indexes were up, but the volume of shares traded was down for all the indexes. It is a better scenario for investors that share prices are up and the volume of shares traded is also up. That typically implies that the big players, the institutions, are buying.

Today’s Market Statistics:  At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were roughly five Advancers for every two Decliners, or an exact ratio of 2.35-to-1.0. In actual numbers, there were 2,933 Advancers to 1,248 Decliners with 276 Unchanged.

Today, there were 128 new 52-Week Highs and 71 new 52-Week Lows. There were 102 new 52-Week Highs and 59 new 52-Week Lows yesterday.

The total volume of stocks traded today at the NYSE was 5,698,099,405, or 25% less than the total volume of 7,640,288,970 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 1.46-to-1.0. In actual numbers, there were 2,699 Advancers to 1,847 Decliners with 236 Unchanged.

Today, there were 144 new 52-Week Highs and 143 new 52-Week Lows. There were 146 new 52-Week Highs and 116 new 52-Week Lows yesterday.

The total volume of shares traded at the NASDAQ today was 9,372,572,059, or 9% less than the total volume of 10,298,760,975 shares traded yesterday.

Market Roundup Report

It appears that the US is in the driver’s seat as far as the Iran-Israel war goes. President Trump claims that a ceasefire is around the corner and by midnight Tuesday. If that happens, then stability will return to the stock markets unless Trump goes back to arbitrary tariff impositions on trading partners again. Investors should enjoy it, while we have it, if indeed peace is around the corner. We may see Dow Jones hitting 44,000 and NASDAQ hitting 20,000 or greater by the year-end if in indeed, peace is around the corner.

Oil Price:     Iran attacked a US airbase in Qatar on Monday, leaving no casualties. That led to oil futures selling off sharply at 2.85% to $66.57 per barrel earlier in the day. US Oil price was down at $65.04 per barrel as of the time (12:30am ET, Tuesday) of this post update.

10 –year Treasury Yield:   The 10-year Treasury yield fell a Fed governor floated the idea of a rate cut in July. The 10-year yield was at 4.332%, as of the time (12:30am ET, Tuesday) of this post update.

After-hours action:  Futures rose after President Trump mentioned a ceasefire timeline for the Iran-Israel 12-day war.  Dow Futures was up 386.00 points or 0.90% vs. fair value. S&P 500 futures was up 58.25 points or 0.96%, and Nasdaq 100 futures was up 284.25 points or 1.28% as of the time (12:30 am ET, Tuesday) of this post update. Wealth building is possible only if there is peace.

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Stock In The News /Stock To Watch

The US Markets

Tesla was up after the Robotaxi launch in Austin, Texas on Sunday. It may be better to wait until more data on the robotaxi is available before jumping on the bandwagon for the stock.

Arm Holdings Plc, (ARM), a British chip manufacturer company used to be quite volatile but is currently behaving well. The stock is worth a second look.

DoorDash (DASH) is a stock that is also currently doing well. It is worth adding to your watchlist.

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Regular Market Day Features

The  Canadian Vanguard Beginner Investor’s Watchlist

The Blended Growth Stock Watchlist

EV Manufacturers and Resource Stocks

The EV manufacturers are back or on the way back.

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.