Market Open: Apple Edges Higher, Bitcoin Slides as Tech Momentum Holds | June 18th
Ricki Lee, The Market Link0 Comments|9 minutes agoMarkets edge higher as Apple signals price hikes and tech leads gains. TSX rises, oil drops, copper climbs, and Bitcoin continues to fall. Markets are holding. . .
Ricki Lee, The Market Link0 Comments|9 minutes agoMarkets edge higher as Apple signals price hikes and tech leads gains. TSX rises, oil drops, copper climbs, and Bitcoin continues to fall. Markets are holding gains as investors continue to lean into large‑cap technology and AI‑driven names, even as macro uncertainty persists. Canadian equities are moving higher, with theTSXgaining ground alongside a strong performance in small caps. In the U. S. , both the Dow and Nasdaq are advancing, with the Nasdaq leading as tech continues to anchor market strength. European markets, however, are slightly weaker, suggesting some caution internationally. The macro backdrop remains mixed. Oil prices are pulling back further as supply pressures ease, while gold is stabilizing after a volatile stretch. Copper is gaining momentum, signaling underlying industrial demand, and natural gas is rising. Bitcoin remains under pressure in Canadian‑dollar terms, extending recent weakness as liquidity continues to favor equities over crypto. Market numbersTSX: Up (+0. 41%) 35,270. 09TSXV: Up (+1. 66%) 983. 13DOW: Up (+0. 21%) 51,712. 0NASDAQ: Up (+0. 75%) 30,146. 2FTSE 100: Down (‑0. 49%) 10,386. 40In the headlinesApple climbs as price hikes loom:Apple (TSX:AAPL)— the global consumer‑technology leader — edged higher after CEO Tim Cook warned that price increases are “unavoidable” due to rising AI chip costs. The company is also reportedly working with Intel to expand U. S. -based chip manufacturing, reinforcing its long‑term supply chain strategy. Coinbase CEO calls crypto bottom:Coinbase (NDAQ:COIN)CEO Brian Armstrong suggested Bitcoin may have found a bottom, even as volatility continues. The comments come amid ongoing debate over whether crypto markets have fully absorbed recent liquidity shocks and ETF outflows. CurrenciesUSD: Down (‑0. 10%) $0. 7080GBP: Up (+0. 21%) $0. 5344EUR: Up (+0. 09%) $0. 61726JPY: Down (‑0. 03%) ¥113. 938AUD: Down (‑0. 25%) $1. 0078Bitcoin (BTC/CAD): Down (‑0. 82%) 90,163. 6(Conversion to C$1)CommoditiesCopper: Up (+1. 04%) 6. 48356Gold: Up (+0. 05%) 4,260. 01WTI: Down (‑2. 25%) 73. 75Natural Gas: Up (+1. 49%) 3. 203To stay up-to-date on all of your market news head toStockhouse. com. Join the discussion:Find out what everybody’s saying about Apple and Coinbase on June 18th, 2026, onStockhouse’s stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please clickhere.