RESULTS at a glance – 3Q26
Stocks have had strong performance year-to-date, shrugging off inflation and tech financing concerns. Yields in the US have reached their highest levels since the early 2000s, while yields in other developed countries have likewise migrated higher. The Canadian dollar weakened following the US Treasury’s first rate hike in three years, and gold remains elevated amid the ongoing war in Iran. Gold has interestingly had a sluggish year.
| MARKETS | QTR-END 30-Sept-26 | YR-END 31-Dec-25 | CHANGE THIS YEAR |
| S&P/TSX Composite | 35,236 | 31,713 | 11.1% |
| S&P 500 | 7,652 | 6,846 | 11.8% |
| EAFE | 3,126 | 2,893 | 8.1% |
| GoC 10-Year | 4.00% | 3.44% | 56bps |
| US Gov 10-Year | 5.28% | 4.14% | 114bps |
| CAD$ / US$ | 0.704 | 0.730 | -3.6% |
| WTIC Oil | $90.42 | $57.42 | 57.5% |
| Gold | $4,188.80 | $4,308.00 | -2.8% |
Returns are based on price change only, and exclude dividends. Foreign indices are in USD.
Source: National Bank Financial, Monthly Market Performance as of September 30, 2026