Today: 30 June 2026
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TSX:FM 9 March 2026 - 25 May 2026

First Quantum Shares Surge as Copper Rally Brings Cobre Panama Back in Focus

First Quantum Shares Surge as Copper Rally Brings Cobre Panama Back in Focus

First Quantum Minerals Ltd. shares moved higher on Monday in Toronto as copper prices improved and traders looked at the company’s options for the closed Cobre Panama mine. Copper prices climbed, helped by a weaker dollar as oil slipped on fresh hopes for a U.S.-Iran peace deal. The metal is key for wiring and power grids. Cheaper dollar-priced commodities sparked more buying from overseas. That set up further gains for Canadian miners, who have already helped take the S&P/TSX Composite to new highs.
25 May 2026
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Canada Stock Market Today: What to Know Before the TSX Open as Oil Shock Hits Banks, Miners

Canada Stock Market Today: What to Know Before the TSX Open as Oil Shock Hits Banks, Miners

Futures pointed to a weaker open for Canada’s main stock index on Monday, slipping roughly 0.92% ahead of the session. Brent crude had spiked to $119.50 a barrel—the highest level seen since the middle of 2022—as the conflict with Iran rattled global markets. It’s significant: Canada’s energy-heavy benchmark hit an all-time high of 34,541.27 on March 2, but by Friday, it had dropped to 33,083.72. Traders shifted their view, seeing the oil rally as an inflation headache rather than a straightforward boost for producers’ cash. The TSX lost 3.7% for the week—its steepest decline in over a month.
9 March 2026
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Stock Market Today

  • Circle Drops 15% After Open USD Stablecoin Reveal, Revenue Model in Focus
    June 30, 2026, 1:44 PM EDT. Circle Internet Group (NYSE:CRCL) dropped 15% to $64.55 after news hit about Open USD, a stablecoin from a group including Visa, Mastercard and Coinbase. Open USD brings free minting and redemption, no caps on volume, and a plan to split reserve earnings with partners-unlike Circle's USDC. The change put pressure on Circle's valuation, at about 23 cents for every USDC issued, with investors eyeing how reserve income gets distributed. BNY Mellon (NYSE:BNY) added more USDC custody, showing steady institutional demand but also more rivals in the space. Stablecoin issuers slid while payment networks and ETFs traded up. Circle logged $694 million in revenue and reserve income for Q1, with high costs keeping investors alert to shifts in stablecoin economics.
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