Markets rise as Apple falls on weak WWDC updates and OpenAI files for IPO. TSX and Nasdaq climb, oil drops, gold rebounds, and Bitcoin declines.
Markets rise as Apple falls on weak WWDC updates and OpenAI files for IPO. TSX and Nasdaq climb, oil drops, gold rebounds, and Bitcoin declines.

Markets are moving higher overall, with Canadian equities leading gains as the TSX pushes upward and small‑caps also participate in the rally. U.S. equities are advancing as well, with the Dow and Nasdaq both climbing and continuing to hover near record territory despite ongoing volatility. Investors appear to be selectively rotating within technology, leaning into AI‑driven names while stepping back from companies that fail to impress on product innovation.

The broader macro picture remains mixed. Oil prices are pulling back, easing some inflation pressure, while gold is rebounding after recent weakness. Copper is holding strong, and natural gas is stable. Bitcoin continues to decline in Canadian‑dollar terms, reflecting a shift in liquidity toward equities as IPO activity and AI enthusiasm keep demand elevated.

Market numbers

TSX: Up (+0.30%), 34,580.78

TSXV: Up (+0.37%), 951.46

DOW: Up (+0.90%), 51,219.3

NASDAQ: Up (+1.32%), 29,770.4

FTSE 100: Down (‑0.06%), 10,347.42

In the headlines

  • Apple slips after underwhelming WWDC: Apple (TSX:AAPL) — the consumer‑technology giant behind the iPhone and Mac — fell after its latest developer conference failed to impress investors. While incremental updates were delivered, markets were expecting more meaningful AI breakthroughs, leading to a pullback in shares.
  • OpenAI confidentially files for major IPO: OpenAI — one of the most influential artificial‑intelligence companies — has confidentially filed for an IPO, with shares potentially debuting in the autumn. The move underscores continued investor enthusiasm for generative AI and could set the stage for one of the most closely watched offerings in years.

Currencies

USD: Up (+0.10%), $0.7173

GBP: Down (‑0.35%), $0.5352

EUR: Down (‑0.18%), $0.62031

JPY: Up (+0.15%), ¥114.963

AUD: Up (+0.04%), $1.0175

Bitcoin (BTC/CAD): Down (‑1.27%), 86,966.0

(Conversion to C$1)

Commodities

Copper: Up (+1.75%), 6.48514

Gold: Up (+0.40%), 4,347.42

WTI: Down (‑2.80%), 86.50

Natural Gas: Down (‑0.06%), 3.151

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Join the discussion: Find out what everybody’s saying about Apple and OpenAI on June 9th, 2026, on Stockhouse’s stock forums and message boards.


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