Skip to main content

Featured

Canadian Money Brief – June 1, 2026: Markets Kick Off June on a High Note

  Markets Kick Off June on a High Note A strong finish to May carries momentum into the first trading session of June, with tech leading the charge and a major Berkshire deal grabbing headlines. At a Glance — Friday May 29 Close (Most Recent Confirmed) Index / Asset Level Change S&P/TSX Composite 34,769 +0.73% S&P 500 7,580 +0.22% Dow Jones 51,032 +0.72% Nasdaq Composite 26,973 +0.20% CAD/USD 0.7249 –0.06% WTI Crude Oil US$87.36/bbl –1.73% Gold US$4,574/oz –0.42% Sources: Yahoo Finance, Trading Economics. Closing data as of May 29, 2026. June 1 intraday data referenced in body. May Goes Out on a High North American markets wrapped up May in fine form. All three major U.S. indexes — the S&P 500, the Dow, and the Nasdaq — finished Friday at record closing highs, capping a month that saw the tech-heavy Nasdaq surge roughly 8% and the S&P 500 gain around 5%. The TSX also had a solid run, closing above the 34,700 mark on Friday, supported by a rebound in financials and ...
Post a Comment
Read more

article

Labels

Canada’s Economy at Risk Due to Global Trade Disputes.

 

According to a trade expert, Canada is expected to face a challenging year due to global trade disputes. Mark Warner, principal counsel at MAAW Law, believes that Canada will be caught up in disputes between the United States, its biggest trade partner, and China and “sideswiped” as the U.S. ramps up enforcement of export controls.

The ongoing trade disputes could have a significant impact on Canada’s economy. The country’s relationship with China is already “a mixed-bag,” and the U.S. is expected to increase enforcement of export controls, which could further complicate matters.


Labels:

Comments

Post a Comment