The U.S. equity markets saw a great deal of rotational activity in September which resulted in some indices setting new highs while others languished, including the Canadian market, which generally drifted lower with the uncertainty over NAFTA.
North American equity markets showed resilience in August. Downdrafts on bad news were well contained while upswings on good news pushed indices back to all-time high territory.
Equity markets were choppy this month as sentiment vacillated between fundamentally bullish conditions and politically charged trade tensions.
A promising rally early in the month was derailed by escalating trade tensions.
Equity markets started to push higher in May and although the tone is still somewhat sluggish, it bodes well for a possible move back to the highs during the summer.
Equity markets continue to consolidate and volatility has somewhat abated but uncertainty continues to be the prevailing mood.