MARKET SUMMARY— Canadian equity markets were stymied in May, dragged lower by selling pressure stemming from weakness in the energy and materials sectors, and to a lesser degree among industrials. The broader market S&P/TSX Composite index shed 1.22% on a total return basis over the month, a negative trend that has largely carried forward into the first three weeks of June. The smaller cap S&P/TSX Venture index fell 0.48%, and similar to its broader market cousin, extended this negative trend well into the current month.
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