Monthly market snapshot

Monthly Overview.  Canadian and U.S. equity markets had another positive month in October. Canada’s benchmark stock index (S&P/TSX Composite Index) marked its sixth straight monthly advance, the longest such streak since 2021. U.S. equities hit record highs in October amid easing U.S.-China trade tensions, an interest-rate cut by the U.S. Federal Reserve (the Fed), robust corporate earnings, and an ongoing government shutdown.

Monthly Overview.    Canada’s primary stock index reached a record high, closing the quarter with impressive gains fueled by robust corporate earnings and elevated commodity prices. Similarly, U.S. equity indices saw increases throughout September and the third quarter. Notably, the S&P 500 and Nasdaq 100 achieved their fifth and sixth consecutive monthly gains, respectively.

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.