Monthly market snapshot

Monthly Overview.   Canadian and U.S. equity markets had another strong month in August. The TSX, S&P 500, and Nasdaq extended their winning streaks and set new record highs. In Canada, the main stock index was boosted by gains in gold shares and renewed bets on an interest rate cut by the central bank, following weaker-than-expected GDP data. 

Monthly Overview.   July saw stocks continue their upward trend, with Canada’s main stock index and the S&P 500 rising for the third straight month, and the Nasdaq for the fourth. This rally pushed the TSX, S&P 500, and Nasdaq to new record highs, bouncing back from the post-Liberation Day selloff. 

Monthly Overview.  In June, Canada’s main stock index reached a record high, driven by strong performance in financial services and gold mining shares. This boost was partly due to renewed trade talks between Canada and the U.S., which lifted investor spirits. 

Monthly Overview.  Canadian and U.S. stock markets experienced notable growth in May, thanks to easing tensions over tariffs between the U.S. and China. Canada’s main stock index had its biggest monthly gain since November 2024, while the S&P 500 and Nasdaq had their best month since November 2023.