Monthly Market Recap: February 2026

Overview February 2026 delivered a more challenging environment than January, as a deteriorating U.S. labor market, escalating Middle East tensions following U.S.-Israeli military action against Iran, and AI-disruption fears in the technology sector weighed on...

Monthly Market Recap: January 2026

Overview Global equities started 2026 on a constructive but uneven footing, with U.S. and Canadian markets eking out modest gains amid lingering macro and policy uncertainty. In the U.S., the S&P 500 advanced a little over 1% for the month, supported by cyclicals...

Monthly Market Recap: December 2025

Overview Global markets closed out 2025 with mixed performance as investors repositioned portfolios and reset expectations for 2026. In the U.S., equity markets finished December essentially flat, as gains in Financials, Technology, and Communication Services were...

Monthly Market Recap: November 2025

Overview In the U.S., major equity benchmarks were little changed in November, with the S&P 500 edging up about 0.1% as strength in healthcare and select defensive balanced weakness in technology and other prior leaders. In Canada, the S&P/TSX Composite pulled...

Monthly Market Recap: October 2025

Overview U.S. equities delivered another strong month in October, with major indexes reaching new record highs. Solid corporate earnings, ongoing enthusiasm around AI-driven innovation, and a broadly supportive monetary backdrop continued to reinforce market momentum....

Monthly Market Recap: September 2025

Overview September defied its reputation as a difficult month for equities, with major U.S. indexes reaching record highs and delivering their strongest September performance in more than a decade. The U.S. Federal Reserve (Fed) and the Bank of Canada (BoC) each...