August 18, 2019

Friday’s action saw the S&P 500 up 1.4% and Toronto up 0.9%. Markets are gyrating up and down mostly based on the latest word on the trade wars.

Notable gainers included CN Rail -up 1.9%, Apple – up 2.4%, FedEx – up 2.1%, TFI International – up 2.3%. Rate reset preferred shares were down once again.