“Isn’t it appropriate that the month of the tax begins with April Fool’s Day and ends with cries of May Day!” – Robert Knauerhase

Throughout the month of April until the end of tax season, our weekly update will consist solely of the market numbers. Remember that if you have any questions or concerns about your portfolio or the state of markets in general, we are simply a phone call or email away.

Weekly Market Wrap-Up

North America

• The TSX closed at 15207, down -160 points or -1.04% over the past week. YTD the TSX is down -6.18%.
• The DOW closed at 23933, down -170 points or -0.71% over the past week. YTD the DOW is down -3.18%.
• The S&P closed at 2605, down -36 points or -1.36% over the past week. YTD the S&P is down -2.58%.
• The Nasdaq closed at 6915, down -149 points or -2.11% over the past week. YTD the Nasdaq is up 0.17%.
• Gold closed at 1337, up -23.00 points or 0.91% over the past week. YTD gold is up 2.06%.
• Oil closed at 61.95, down -2.99 points or -4.60% over the past week. YTD oil is up 2.53%.
• The USD/CAD closed at 0.7826, up 0.0071 points or 0.92% over the past week. YTD the USD/CAD is down -1.60%.

Europe/Asia

• The MSCI closed at 2081, up 14 points or 0.68% over the past week. YTD the MSCI is down -1.05%.
• The Euro Stoxx 50 closed at 3408, up 46 points or 1.37% over the past week. YTD the Euro Stoxx 50 is down -2.74%.
• The FTSE closed at 7184, up 127 points or 1.80% over the past week. YTD the FTSE is down -6.56%.
• The CAC closed at 5258, up 91 points or 1.76% over the past week. YTD the CAC is down -1.04%.
• DAX closed at 12241, up 144.00 points or 1.19% over the past week. YTD DAX is down -5.24%.
• Nikkei closed at 21568, up 114.00 points or 0.53% over the past week. YTD Nikkei is down -5.26%.
• The Shanghai closed at 3131, down -38.0000 points or -1.20% over the past week. YTD the Shanghai is down -5.32%.

Fixed Income

• The 10-Yr Bond Yield closed at 2.78, up 0.0400 points or 1.46% over the past week. YTD the 10-Yr Bond is up 15.83%.

Sources: Dynamic Funds