Snowbirds Wealth Management of Raymond James LTD.

07/13/2026

What happened last week?
It was another week of mixed performance for North American equity indexes. The TSX increased slightly and essentially broke even, the S&P 500 was up 1%, the Dow finished the week 0.5% down, and the NASDAQ delivered almost 2%. The Dow set a record high on Monday before falling back, and like the TSX and S&P 500 now sits 1% below its all-time high. The NASDAQ is 3% below its peak.

07/05/2026

What happened last week?
Volumes were down last week with market closures on July 1st and 3rd for Canada Day and U.S. Independence Day, respectively. Additionally, summer school closures and vacation season also contributed to lower trading volumes.

Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: June 29- July 3rd, 2026     What happened last week? Volumes were down last w

06/29/2026

What happened last week?
North American equities had a mixed week as the TSX and Dow moved upward and the S&P 500 and NASDAQ composite lost ground every day last week. For consumers, the steep drop in the price of oil, nearly 20% over the last two weeks, is welcome news and may contribute to lower inflation later in the year.

Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: June 22-26, 2026     What happened last week? North American equities had a m

06/21/2026

What happened last week?
U.S. markets were closed on Friday for the observance of Juneteenth, a federal holiday since 2021. Markets in Canada and around the world continued to trade as usual without the participation of the U.S.

Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: June 15-19, 2026     What happened last week? U.S. markets were closed on Fri

06/14/2026

What happened last week?
North American equity indexes advanced last week despite uneven geopolitical news from the Middle East and economic news on U.S. inflation. In percentage terms, the TSX was able to more than double the increase of the U.S. indexes. Gold and oil both declined, which shows more geopolitical stability.

Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: June 8-12, 2026     What happened last week? North American equity indexes ad

06/08/2026

What happened last week?
North American equities started well, peaked near the beginning of the week, and then settled downward to end the week, especially on Friday. For the week the TSX dropped 1 percent, and after nine consecutive weeks of gains, the S&P 500 dropped during an end-of-week sell-off. The tech-heavy NASDAQ dropped 4½ percent and the large-corporate dominated Dow nearly stayed positive for the week.

Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: June 1-5, 2026     What happened last week? North American equities started w

06/01/2026

What happened last week?
North American equity indexes performed well again last week. The TSX added just eight-tenths of a percent but has added nearly 10 percent and 33 percent in 2026 and over the past year, respectively. The S&P 500 and NASDAQ added more value last week and year-to-date.

Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: May 25-29, 2026     What happened last week? North American equity indexes pe

05/24/2026

What happened last week?
Strength in equities continued while commodities fell. The TSX and Dow hit new all-time highs last week, and the S&P 500 and NASDAQ were just below their record highs set two weeks ago. Over this eight-week period, North American equity indexes have risen an average of 15.7%.

Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: May 18-22, 2026     What happened last week? Strength in equities continued w

05/19/2026

What happened last week?
After a dip on Tuesday, North American equity indexes were gaining value until Friday, when a drop of 1 to 1½ percent occurred for all the indexes. Also on Friday, the price of oil leapt more than 4%. These changes have been attributed to the results of the diplomatic meetings between President Xi and Trump. Continued ambiguity over the status of Taiwan and China’s reliance on Iranian oil and the Strait of Hormuz prevented more precise alignment between the two leaders and countries. About two-thirds of the world’s microchips are produced in Taiwan, and any interruption in their production or delivery would have severe effects on business and market values.

Email from Raymond James Your Go-to Resource for Business Insights Your Tuesday Morning Coffee  Last Week in the Markets: May 11-15, 2026     What happened last week? After a dip on Tuesday, North A

05/10/2026

What happened last week?
The performance of equities last week was strong. All the major North American indexes moved upward with the NASDAQ leading the pack with a 4 ½ percent gain, double the percentage increase for the S&P 500. It was the sixth consecutive week that they both delivered positive gains. The TSX and Dow made much smaller gains last week but have delivered solid year-to-date and 1-year returns.

Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: May 1-8, 2026     What happened last week? The performance of equities last w