47
Markets2h 16m ago

Canada’s main stock index was up more than 300 points in late-morning trading, helped by strength in the base metal and financial sectors, while U.S. stock markets also surged higher.

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Toronto, New York

Who
S&P/TSX composite index, Dow Jones industrial average, S&P 500 index, Nasdaq composite, Canadian dollar, SpaceX
What
Canada’s main stock index was up more than 300 points in late-morning trading, helped by strength in the base metal and financial sectors, while U.S. stock markets also surged higher.
When
Fri, 12 Jun 2026 15:48:11 GMT · 2h 16m ago
Where
Toronto, New York ·
Why
The gains came as trading in SpaceX stock was set to begin for the first time.
The Frontline Impact

How this affects you

Canadian and U.S. stock markets experienced significant gains, with Canada's S&P/TSX composite up 374.51 points and U.S. indices also seeing surges, partly driven by the debut of SpaceX stock trading.

Story chain

14 events in this thread
  1. Markets47m ago
    SpaceX's Nasdaq debut saw its valuation exceed $2 trillion, triggering a large wave of tokenized stock activity across crypto markets.
    Open article
  2. Markets1h 33m ago
    Clear Street analyst Greg Pendy designated several stocks as either competitors or complementary plays to SpaceX ahead of its initial public offering on Friday.
    Open article
  3. Markets1h 49m ago
    Elon Musk's SpaceX made a strong entrance into public markets on June 12, with its shares starting trade on the Nasdaq at $150 each, representing an 11 per cent gain over the initial public offering (IPO) price of $135.
    Open article
  4. Markets2h 1m ago
    The dollar steadied on Friday amidst a week of economic and geopolitical volatility, highlighted by Middle East peace negotiations and a major SpaceX IPO.
    Open article
  5. Markets2h 1m ago
    The dollar steadied on Friday, capping a week marked by significant economic and geopolitical events that sent ripples through global markets.
    Open article
  6. Markets2h 1m ago
    The dollar steadied on Friday, capping a week marked by significant economic and geopolitical events that sent ripples through global markets.
    Open article
  7. Markets2h 2m ago
    Morningstar valued SpaceX at $63 per share, significantly below its indicative IPO price of $135 and bullish targets of $190.
    Open article
  8. Markets2h 2m ago
    SpaceX's shares jumped 17% on Friday, pushing its valuation above $2 trillion during its Nasdaq debut, following a record-setting $75 billion initial public offering.
    Open article
  9. Markets2h 16m ago
    Canada’s main stock index was up more than 300 points in late-morning trading.
    Open article
  10. Currently Reading2h 16m ago
    Canada’s main stock index was up more than 300 points in late-morning trading, helped by strength in the base metal and financial sectors, while U.S. stock markets also surged higher.
  11. Markets2h 42m ago
    U.S. stocks are rising Friday after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day.
    Open article
  12. Markets3h 42m ago
    U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX later in the day.
    Open article
  13. Markets4h 10m ago
    US stocks drifted on Friday as falling oil prices supported sentiment, while investors turned their attention to the highly anticipated stock market debut of SpaceX.
    Open article
  14. Markets4h 12m ago
    U.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX.
    Open article

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