Key highlights from February market trends:
- Markets dipped as tariff concerns led investors to play it safe. Defensive sectors like Healthcare and Consumer Staples did well, while big tech stocks like Tesla (-28%) and Amazon (-11%) saw sharp declines.
- Bond markets rose as investors moved to safer assets, pushing the US 10-year yield down by 33 basis points.
- The Canadian dollar fell 0.6% due to trade uncertainty, while the US dollar weakened as Trump’s policies aimed to lower its value.
- Bitcoin dropped 17.5% in a market correction, while gold gained over 2% as investors sought stability.