Monthly market snapshot

Nova Finance October 15 2025

Market outlook

October 2025

Monthly Market Snapshot

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.

September 2025

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. 

August 2025

Monthly Market Snapshot

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. 

July 2025

Monthly Market Snapshot

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.