Canada — Debt, Mortgages & Markets
| Index | Weekly Change | Quick Note |
|---|---|---|
| S&P/TSX Composite | ▲ +0.82% | Financials and energy up |
| S&P/TSX 60 | ▲ +0.95% | Large caps led gains |
Key News – Debt & Mortgages
- 10-Year GoC yield: Hovered 3.42%–3.48%, easing into the weekend.
- Private Capital: Preqin shows about C$5.2B raised by Canadian private funds by end-May—nearly all of 2024’s total.
- Mortgage Burden: Average payment around C$2,880 (~49% of income). Potential relief if rate cuts materialize.
United States — Weekly Wrap
| Index / Yield | Move | Note |
|---|---|---|
| S&P 500 | ▼ –0.10% | Small drop; cautious investors after mixed news |
| Nasdaq | ▼ –0.19% | Tech/AI softened; profit-taking after a big run |
| Dow Jones | ▼ –0.19% | Value stocks lost momentum |
| 10-Yr UST | ▼ -4.23% | Markets leaning toward lower rates / safety |
Weekly Highlights – U.S.
- Consumer Confidence (CB): 97.4 — above forecast, below last month. Consumers confident but more careful.
- GDP Q2: +3.3% — stronger than expected. Economy holding up despite high rates.
Stocks in Focus – Quarterly Reports / Company News
| Ticker | Weekly Move | Headline |
|---|---|---|
| NVDA | ▼ –2.1% | Strong results, but China/data-center worries |
| GOOGL | ▲ +3.3% | Big cloud deal with Meta |
| ORCL | ▼ –4.3% | Sector pressure + high AI build costs |
Why It Matters
- Canada: A slight dip in yields and a firmer CAD give fixed-rate mortgages a bit of breathing room, but the mortgage burden remains high.
- United States: Strong GDP and intensifying AI competition keep markets highly data-dependent.
