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0.000498107656426749 -6.05177526500036E-05 0.000777420360965126 -0.000572591044303738 0.00133604577004188 0.00561884057296343 0.00757402950473193 0.00724816468277054
Stock impact report

Strategists Bet Canada's TSX Will Hit 28,000 Next Year as Rates Fall [Yahoo! Finance Canada]

Shopify Inc. Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
Most Read from Bloomberg Trump's threats have disrupted Canadian politics and led economists to worry about a recession. Yet the S&P/TSX Composite Index is higher today than it was on US election day, and the benchmark has jumped about 18% this year, its best showing since 2021. Rising corporate earnings and lower interest rates will help drive the equity benchmark toward a record 28,000 points in 2025, according to some market watchers, which would mean another year of double-digit returns in 2025. Among those making that call is Philip Petursson, chief investment strategist at IG Wealth Management, who said Canadian stocks have more reasonable valuations than US equities, which gives them room to catch up. “I think Canada has quite the edge over the S&P 500,” Petursson, who set his TSX target at 28,000 points, said in an interview. “If we are in an environment where US inflation and interest rates are going to be a little bit higher, Canada looks quite attractive.” The TS Show less Read more
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