Market Open: SpaceX Volatility Hits, TSX and Dow Pull Back Amid Strong Dollar | June 19th

Market Open underscored investor caution as SpaceX volatility rose and a strong dollar weighed on risk assets. SpaceX has given back about 18% from its recent high, signaling renewed jitters after an IPO‑driven rally in aerospace and AI infrastructure names. The TSX fell 0.44% to 34,969.26 and the TSX Venture slipped 0.44% to 962.89, while the Dow declined 0.24% to 51,511 and the Nasdaq was nearly flat at 30,329. European markets also trended lower as traders reassessed valuations amid currency and geopolitical uncertainty. Commodities showed mixed signals, with copper easing and gold under pressure while oil stabilized, highlighting a broader risk‑off backdrop.