Sunil Heda

Equity markets in Q2 2026 delivered a generally positive, but uneven, performance across regions, shaped by resilient earnings growth, the ongoing AI-driven investment cycle, and elevated geopolitical risks.

Stock markets advanced in May, supported by strong corporate earnings and continued enthusiasm for technology, including AI. At the same time, geopolitical risks resurfaced, reminding investors that volatility remains a feature, not just a “bug,” of the current environment.

Stock markets rebounded strongly in April after weakening in March. The S&P/TSX Composite Index gained 3.7% during the month, helped by strength in the industrial and technology sectors and by strong corporate earnings.