Today: 13 June 2026
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TSX:FCD.UN 2 January 2026

TSX’s blockbuster 2025 sets up 2026 — and this 8.7%-yield REIT is back in focus

TSX’s blockbuster 2025 sets up 2026 — and this 8.7%-yield REIT is back in focus

Canada’s S&P/TSX Composite Index surged nearly 29% in 2025, its strongest annual gain since 2009, before closing the year at 31,712.76, down 0.4% on the final day. Firm Capital Property Trust drew renewed interest with an 8.6% distribution yield, trading near C$6.10 per unit. Investors are watching whether the rally in materials and precious-metals stocks can continue into 2026.
2 January 2026

Stock Market Today

  • Silicon Valley IPO Boom Widens Wealth Gap Among Tech Workers
    June 13, 2026, 8:44 AM EDT. The surge in initial public offerings (IPOs) from high-profile firms such as SpaceX, Anthropic, and OpenAI is reshaping wealth distribution in Silicon Valley. These listings have created new millionaires and billionaires, boosting fortunes at the top. However, not all tech workers benefit equally. While some employees gain significant wealth from stock options and shares during these IPOs, others face uncertainty and slower financial growth. This divide highlights the growing economic disparity within the tech sector as rapid valuations lift a select few, leaving many concerned about their financial futures amid the boom.

Latest articles

Oil stocks set for weekend as crude drops on Iran deal talk

Oil stocks set for weekend as crude drops on Iran deal talk

13 June 2026
Brent crude plunged 3.37% to $87.33 and WTI fell 3.23% to $84.88 Friday as hopes for a U.S.-Iran deal slashed oil’s geopolitical risk premium, but energy stocks like XLE closed nearly flat for the week, with investors awaiting confirmation of a memorandum and real oil flow changes through the Strait of Hormuz before making their next move.
AMD Upgrade, SK Hynix Nasdaq Plan Push AI Chip Makers Higher

AMD Upgrade, SK Hynix Nasdaq Plan Push AI Chip Makers Higher

13 June 2026
AMD soared 4.7% to $511.57 after Citi upgraded the stock to Buy and raised its price target to $575, citing AMD’s growing strength in AI GPUs and potential deals with Meta, while Nvidia was little changed and Broadcom slipped despite record AI revenue.
Big Tech Trades Lower With SpaceX IPO and Fed In Focus

Big Tech Trades Lower With SpaceX IPO and Fed In Focus

13 June 2026
Hedge funds dumped major tech stocks ahead of SpaceX’s record IPO, dragging the Magnificent Seven ETF down over 2.4% since June 5 even as the Nasdaq rose, as investors brace for the Fed’s June 16–17 meeting and updated rate projections.
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