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Market Open: Oracle Slides on Equity Raise, Markets Rebound After Selloff | June 11th

Economy, Finance, Market News, Market Summary
11 June 2026 10:05 (EDT)
Markets rebound as Oracle drops on an equity raise and Koho moves toward a banking licence. TSX rises, Nasdaq surges, oil slips and Bitcoin jumps.

Markets rebound as Oracle drops on an equity raise and Koho moves toward a banking licence. TSX rises, Nasdaq surges, oil slips and Bitcoin jumps.

Markets are rebounding after a sharp selloff, with strong gains across North American indices led by technology and industrials. The TSX is climbing, supported by broad participation across sectors, while U.S. markets are surging, with both the Dow and Nasdaq posting solid gains as investors step back into risk assets. European markets are also moving higher, signaling a coordinated global rebound.

Despite the equity recovery, the macro backdrop remains mixed. Inflation concerns and volatility continue to shape sentiment, while commodities are sending mixed signals. Oil is slipping modestly, gold is edging higher as some defensive positioning returns, copper is gaining strength, and natural gas is under pressure. Bitcoin is sharply higher in Canadian‑dollar terms, reflecting renewed risk appetite and inflows into digital assets after a recent pullback.

Market numbers

TSX: Up (+0.82%), 34,432.85

TSXV: Up (+0.73%), 918.86

DOW: Up (+0.76%), 50,252.5

NASDAQ: Up (+1.82%), 28,820.4

FTSE 100: Up (+1.59%), 10,357.29

In the headlines

Currencies

USD: Down (‑0.36%), $0.7141

GBP: Down (‑0.26%), $0.5345

EUR: Down (‑0.37%), $0.61940

JPY: Down (‑0.40%), ¥114.684

AUD: Down (‑0.32%), $1.0213

Bitcoin (BTC/CAD): Up (+2.87%), 88,189.8

(Conversion to C$1)

Commodities

Copper: Up (+1.04%), 6.30702

Gold: Up (+0.40%), 4,087.58

WTI: Down (‑0.98%), 88.03

Natural Gas: Down (‑2.91%), 3.107

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