Monthly Market Insights | February 2026
U.S. and Canadian Markets Stocks climbed in January as the tailwinds of solid economic data offset the headwinds of geopolitical tensions that rattled investors during the month. The Standard & Poor’s 500 Index advanced 1.37 percent, while the Nasdaq Composite rose 0.95 percent. The Dow Jones Industrial Average gained 1.73 percent. The Toronto Stock Exchange picked up 0.66 percent.1,2 A Choppy Rise Stocks rose early in the month as 2026 kicked off, with the AI trade—led by chip manufacturers—setting the pace. But stocks came under pressure after the Justice Department announced an investigation into Federal Reserve Chair Jerome Powell over renovation costs for a Fed building.3.4 Investors liked what they heard…
