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The French CAC40 index rose 1.00% on the day.

2026-06-15

The French CAC40 index rose 1.00% on the day.

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2026-06-15

MORGAN STANLEY strategists say easing U.S.-Iran tensions could trigger a rotation into cyclical, economically sensitive sectors that underperformed during the Iran conflict. The team led by Michael Wilson points to increased Strait of Hormuz traffic

MORGAN STANLEY strategists say easing U.S.-Iran tensions could trigger a rotation into cyclical, economically sensitive sectors that underperformed during the Iran conflict. The team led by Michael Wilson points to increased Strait of Hormuz traffic and signs that the drag from rates, oil and the dollar on equities is easing, which could push undervalued stocks into market leadership after a rally concentrated in high-growth tech. The S&P 500 sits about 2% below its record high. Wilson says the recent pullback was driven by memory-chip stocks on slowing earnings momentum rather than weakening fundamentals; such retracements are common in profit-driven bull markets after strong advances. Volatility may persist in the coming weeks, but confidence in the current bull market remains intact.
2026-06-15

Canada's manufacturing inventory-to-shipments ratio was 1.62% in April, down from 1.69% in the previous month.

Canada's manufacturing inventory-to-shipments ratio was 1.62% in April, down from 1.69% in the previous month.
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