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Line chart tracking the S&P/TSX Composite through July's ceasefire collapse, near-record rally, and late-month pullback to a 35,226 close.

The S&P/TSX Composite closed July at 35,226, up 1.06% for the month, a modest headline figure that conceals sharp intra-month swings. The index rallied to within three points of June's all-time intraday high in mid-month, then gave back more than 500 points over the final week following a Federal Reserve rate decision and a company dividend cut. The swings came as a ceasefire between the United States and Iran collapsed earlier in July, reviving volatility across commodity and equity markets.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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