Expectations from The US – China Trade Talks drove the markets on Monday and will likely repeat on Tuesday
The Canadian Vanguard Stock Market Report – Monday, June 9, 2025 Edition
.
The Toronto Market
The TSX composite index declined -53.33 points or -0.22%, to close the session at 26,375.80. The TSX, for the second consecutive market day, was the worst performer of the four North American major indexes that we report on every market day. However, the index remains the best performer of the four indexes over the past six weeks. The index has gained in twenty-one of the last twenty-five market sessions.
The Market Breadth: Only three of the ten major TSX sectors gained in the markets today. Basic Materials, up 1.13%, Telecommunications Services, up 0.34%, and Durable Consumer Goods & Services, up 0.16%, were the three sectors which gained today. Industrials declined -0.09%; Financials declined -0.10%; Discretionary Consumer Goods & Services declined -0.97%; Utilities declined -0.30%; Energy declined -0.40%, and Technology, down -1.84%, was the laggard among the sectors today.
Industry Groups: The top five industry groups in the TSX today were: Auto & Truck Manufacturers, up 8.50%; Heavy Electrical Equipment, up 5.92%; Beverages – Brewers, up 4.76%; Tires & Rubber Products, up 4.45%; and Computer Hardware, up 3.46%.
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 1.48-to-1.0. In real numbers, there were 1,118 Advancers to 754 Decliners while 175 stocks remained Unchanged.
Today, there were 127 new 52-Week Highs and 7 new 52-Week Lows. There were 134 new 52-Week Highs and 13 new 52-Week Lows on Friday.
The total volume of shares traded at the TSX today was 460,773,011, or 14% higher than the volume of 403,723,054 shares traded on Friday.
.
The US Markets
The Dow Jones Average index managed to finish in the red today. The index was down -1.11 points or 0.00% to close the session at 42,761.76. The S&P 500 index gained 5.52 points or 0.09% to close at 6,005.88. The Nasdaq Composite gained 61.28 points or 0.31%, to close at 19,591.24. In small caps, Russell 2000 advanced 12.20 points or 0.57% to close at 2144.45.
The Market Breadth: Today was a non-descript market session. Nasdaq continued its upward move, even if in small measured steps, while Dow and S&P 500 were almost flat. Only five of the major sectors gained today. Basic Materials advanced 1.01%; Durable Consumer Goods & Services gained 0.84%; Technology was up 0.23%; Industrials gained 0.05%; and Energy was up 0.02%. Healthcare declined -0.11%; Discretionary Consumer Goods & Services declined -0.17%; Financials declined -0.37%; Utilities, down -0.44%; and Telecommunications Services, down -1.00%, were the laggards today. The two sectors are typically the “safe sectors” that investors would normally run to when the market volatility is high or at times of high-risk market environment. Investors were certainly not risk–averse today.
Industry Groups: The top five industry groups in the US markets on Thursday were: Tires & Rubber Products, up 10.71%; Oil & Gas Drilling, up 3.48%; Casinos & Gaming, up 3.01%; Auto & Truck Manufacturers, up 2.99%; and Rails & Roads – Passengers, up 2.88%.
Today’s Market Statistics
At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were two Advancers for every Decliner, or an exact ratio of 2.05-to-1.0. In actual numbers, there were 2,755 Advancers to 1,344 Decliners with 300 Unchanged.
Today, there were 236 new 52-Week Highs and 40 new 52-Week Lows. There were 174 new 52-Week Highs and 34 new 52-Week Lows on Friday.
The total volume of stocks traded today at the NYSE was 4,763,148,738, or 7% higher than the total volume of 4,427,984,484 shares traded on Friday.
On the NASDAQ, the Advancers totally outnumbered the Decliners. There were roughly three Advancers for every two Decliners, or an exact ratio of 1.54-to-1.0. In actual numbers, there were 2,733 Advancers to 1,770 Decliners with 249 Unchanged.
Today, there were 193 new 52-Week Highs and 63 new 52-Week Lows. There were 173 new 52-Week Highs and 38 new 52-Week Lows on Friday.
The total volume of shares traded at the NASDAQ today was 9,962,361,103, or 33% higher than the total volume of 7,451,472,148 shares traded on Friday.
Oil Price: US Oil futures rose today. Oil prices climbed to around $63.35 a barrel. US Oil price was at $65.58 per barrel as of the time (11:00pm ET, Monday) of this post update.
10 –year Treasury Yield: The US 10-year Treasury yield was down 3 basis points at 4.48%. The 10-year yield was at 4.49% as of the time (11:00pm ET, Monday) of this post update.
After-hours action: Futures were up Monday evening. Dow Futures was up 121.00 points or 0.29% vs. fair value. S&P 500 futures was up 0.45%, and Nasdaq 100 futures was up 0.63% as of the time (11:00 pm ET, Monday) of this post update.
.
Regular Market Day Features
The Canadian Vanguard Beginner Investor’s Watchlist
The Financials sector was with the TSX was down today, the resource stocks within our watchlist fared better.
The Blended Growth Stock Watchlist
Apple Inc. (APPL) stock continues to struggle as the company’s AI product development appears to lag. The Worldwide Developers Conference, which began on Monday morning appeared to have no effect on the APPL stock price either.
EV Manufacturers and Resource Stocks
Cameco Corporation (TSX:CCO) was up 10% today. It is a stock to keep an eye on as the demand for data centers will fuel more demand for nuclear power generating stations.
Tesla is up two consecutive market sessions. Tesla stock is not being driven by fundamentals. The stock trades an average of 140M shares a day, but the stock price appears to be driven as much by politics as by fundamentals. The planned launch of Robotaxi is currently the latest of such factors driving Tesla’s stock price.
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.
