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Market snapshot:

May 15, 2026

North American stock index futures pulled back from record highs Friday morning as the week-long tech rally stalled. Inflation worries continue to weigh on sentiment. Investors also watching high-level talks between the U.S. and China.

Quarterly report

Stock markets reached record levels in the first few week of Q1, but momentum faded as the quarter progressed. AI-related concerns weighed heavily on tech stocks, and rising oil prices sparked inflation concerns as Middle East hostilities escalated.

Read our Q1 report to learn more

Index Close Week Year to date
S&P/TSX Composite 34,077.75 0.55% 7.46%
Dow Jones Industrial Average 49,609.16 0.22% 3.22%
S&P 500 Index 7,398.93 2.33% 8.08%
Nasdaq Composite 26,247.08 4.51% 12.93%
10-year Canadian Bond Yield 3.47% -0.06% 0.05%
10-year U.S. Treasury Yield 4.39% -0.02% 0.20%
Canadian Dollar US$0.73 -0.54% 0.15%

Prime Rate 4.45%

Weekly performance ended May 8, 2026.

Sources: Morningstar Direct, Bank of Canada and U.S. Department of the Treasury

How our funds performed in the last quarter

Quarterly updates offer insight into the recent performance of our fund portfolios. Find out what happened in the last quarter:

Mutual funds – model portfolios performance

Aviator Portfolios® performance

Segregated funds – portfolio fund performance

Investment resources
Learn investment basics

The more you know about financial markets, the easier it is to make wise investing decisions. Learn the ABCs of investing:

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What you should know about crypto

How to navigate market fluctuations

Market volatility is a normal part of the investing process. Learn how to reduce the impact of these changes, and how to feel more confident about reaching your financial goals.

Five strategies for dealing with market volatility

Understanding market cycles

Invest time in setting your financial goals

Don’t let emotions control your investments

Can you successfully time the market?

Investment opportunities when markets are down

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