Gold Continues to Climb; Broader Markets Send Mixed Signals

Gold Continues to Climb; Broader Markets Send Mixed Signals

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Tuesday, June 1, 2021

So close, yet so far for the S&P 500. The index came within reach of all-time highs yet again, only to sell off intraday to close slightly in the red on Tuesday. This is actually the only major U.S. index to get close to the feat, as the Nasdaq and Dow Jones are off a touch from all-time highs. That is not the case for the Canadian counterparts, as the TSX seems to be trucking along just fine, but more on that to come. As we dig into the mix of asset classes in this report, though many themes from last month remain, you’ll notice that a certain few have changed since the May report. Let’s dive in!

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