Tag Archives: 2024

Analysts Lift Targets for TSX and S&P 500

TSX and S&P 500

The performance of Canada’s main index, the TSX, and its U.S. counterparts, the S&P 500 and Nasdaq, has taken Bay Street and Wall Street by surprise. After a robust 2023, in which the TSX rallied 8.1%, the S&P 500 grew 24.2%, and the Nasdaq advanced an impressive 43.4%, the outlook for 2024 was positive, but […]

The S&P 500 Could Hit a Record High in 2024, But the TSX Could Disappoint

How Will the TSX and S&P 500 Do in 2024?

This year was supposed to be a mixed one for stocks, with rising interest rates, stubbornly high inflation, and lower commodity prices expected to be headwinds for Canadian and U.S. stocks. But it hasn’t turned out that way. In spite of economic uncertainty, the S&P 500 is up 17.5% year-to-date, the NASDAQ has rallied an […]