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Following a difficult month of April, due to tariff induced panic, the S&P500 recovered nicely in May, surging 6.15%. This was the best performance for US stocks in the month of May since May 1990. Canadian stocks as measured by the S&P TSX rebounded nicely in May as well, rising 5.37% during the month. Equity markets in Europe and Asia were broadly positive as well, rising low single digits throughout the month. As always, if you have any questions, please do not hesitate to reach out to any of us.
Published: June 6, 2025