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.
The S&P 500 rose 9.3% year-to-date by July 2026, fueled by AI-driven tech gains and a significant rotation into outperforming small and micro-cap stocks.
Read the full storyThe Canadian stock market posted marginal gains as investors reacted to U.S. employment figures as a proxy for North American economic health.
The S&P 500 rose 0.79% and the Nasdaq jumped 1.52% on the final day of the quarter, capping a three-month rally that delivered the strongest gains in over five years.