Latest market news: Global markets were mixed and trading volumes low Friday morning, with U.S. markets closed for the Independence Day holiday. Following better-than expected employment data out of the U.S. on Thursday, investor optimism, fueled by signs of economic recovery, continued to outweigh concern over rising COVID-19 infections around the world. (Updated July 3, 2020)

Market insights

Weekly recap

Read our latest investment update for information on the financial markets, insights around current headlines, special reports, and more.

Current performance

Here are last week’s numbers for the North American and international investment markets. (This chart is updated Monday afternoon based on the previous Friday’s market close figures.)

The stock and bond market^*

INDEX	CLOSE	WEEK	YTD
S&P/TSX Composite	15,188.98	-1.84%	-10.99%
Dow Jones Industrial Avg.	25,015.55	-3.31%	-12.34%
S&P 500 Index	3,009.05	-2.86%	-6.86%
NASDAQ Composite	9,757.22	-1.90%	8.74%
MSCI EAFE	1,779.71	-1.33%	-12.63%
10-yr GoC Yield	0.51%	-0.02%	-1.19%
10-yr U.S. Treasury Yield	0.64%	-0.06%	-1.28%
WTI Crude Oil (US$/bbl)	38.49	-3.17%	-37.11%
Canadian Dollar	US$0.7312	-0.65%	-5.03%
Bank of Canada Prime Rate 2.45%

*Weekly performance ending June 26, 2020. Sources: www.bloomberg.com, www.msci.com, www.bankofcanada.ca and www.treasury.gov.

Client resources

Navigating market volatility

Recent market performance has been unpredictable, and that can be alarming for investors. Remember that periods of volatility are a normal part of the investing process and should be expected. Refer to these resources to learn more about navigating market ups and downs, so you can benefit in the long term:

• Navigate market downturns with segregated funds
• Understanding market cycles
• Don’t let emotions control your investments
• Can you successfully time the market?
• What is your risk tolerance?
• Invest time in setting financial goals
• Investment opportunities when markets are down

Fund manager expertise

Keep in mind that the fund managers we partner with have been through market uncertainty before. They understand markets and are well-equipped with sound strategies that are designed for the long game. Here are some of the latest reports and resources available from these fund managers:

• Addenda Capital: Energy Investing in an Uncertain World
• Addenda Capital: Investing in Volatile Markets
• Credential: Bulls vs. Bears comparison

Tracking your funds

Quarterly updates offer insight into recent performance of our Aviator Portfolios™ and Versatile Portfolios Navigator™ segregated fund products. Select the relevant link to learn more about the funds and their performance over the past few months:

• Aviator Portfolios Quarterly Fund Update
• Aviator Portfolios Quarterly Fund Update (Quebec)
• Versatile Portfolios Navigator Quarterly Fund Update
• Versatile Portfolios Navigator Quarterly Fund Update (Quebec)

We’re here to help

If you have questions – about your investments, what to expect in the future, or anything else – we’re here to help in every way we can.

We encourage you to bookmark this page for ongoing market updates and analysis. It will be refreshed regularly, for your convenience.

• Note regarding COVID-19

Segregated funds and annuities are administered by Co-operators Life Insurance Company.

This information provided on this webpage is a general source of information for a specific point in time and should not be considered solicitation to buy or sell any investment. Nothing contained in this information constitutes investment, legal, tax or other advice.

Co-operators Life Insurance Company is committed to protecting the privacy, confidentiality, accuracy and security of the personal information that we collect, use, retain and disclose in the course of conducting our business. Please refer to our privacy policy for more information.

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