The S&P 500 and Nasdaq rose by 0.79% and 1.52% respectively on June 30, marking their best quarterly performance since 2020. On July 2, the Canadian TSX index edged higher following the release of U.S. jobs data. As of July 4, the S&P 500 index is up 9.3% year-to-date, with small and micro-cap stocks outperforming large-cap stocks. The technology sector leads performance driven by AI, while Communication Services lag.
