BNN Bloomberg – Canada Business News, TSX Today & Interest Rates (2024)

FAQs

What is the market forecast for TSX? ›

The Canada Stock Market Index (TSX) is expected to trade at 21963.12 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 21187.38 in 12 months time.

The index reached an all-time closing high of 22,185.25 on April 1, 2024 and an intraday record high of 22,220.91 on March 28, 2024.

BNN Bloomberg delivers real-time content across industry-leading platforms, including up-to-the-minute business news, newsmaker interviews, and stock market analysis online at BNNBloomberg.ca, through the BNN Bloomberg app, and via BNN Bloomberg Radio, Canada's first and only business news radio station.

In addition to its homebase in Toronto, BNN also operates news bureaus located at the NASDAQ Market Site in New York City's Times Square, and in Calgary.

Expectations for earnings growth in 2024 are respectable and in the range of long-term averages – a return to normal. Our targets are 23,000 for the S&P/TSX Composite Index and 4,900 for the S&P 500 Index.

Aug 1 (Reuters) - Canada's main stock index fell by the most in six months on Thursday as investors worried that weaker economic data globally could be a sign that the Federal Reserve has waited too long to begin its interest rate cutting campaign.

It was expanded to include 500 companies in 1957. Between 1957 and 2021, the index averaged an annualized rate of return of roughly 11.88%. If you look at the TSX Composite Index ¹, over the 50 year period from November 30, 1971 to November 20, 2021, the average annualized return was 7.94%.

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What is BNN Breaking news? ›

BNN Breaking was a news website based in Hong Kong, launched in 2022 by Indian-American entrepreneur Gurbaksh Chahal. It was criticized for posting a number of misleading and inaccurate news stories, using AI-driven content aggregation.

BNNBloomberg.ca and the BNN Bloomberg app can be used anywhere in Canada and around the world on your mobile device or computer.

Most programs are broadcast from Fox News headquarters in New York City (at 1211 Avenue of the Americas), in its streetside studio on Sixth Avenue in the west wing of Rockefeller Center, sharing its headquarters with sister channel Fox Business Network.

Bell Media Inc. (French: Bell Média inc.) is a Canadian media conglomerate that is the mass media subsidiary of BCE Inc. (also known as Bell Canada Enterprises, the owner of telecommunications company Bell Canada).

Catherine Murray is a Canadian television business news anchor, best known as the host of BNN Bloomberg's The Close, and Market Call Tonight.

The average price target is C$24.64 with a high forecast of C$26.95 and a low forecast of C$22.96.

According to the 6 analysts' twelve-month price targets for WELL Health Technologies, the average price target is C$7.13. The highest price target for WELL is C$10.00, while the lowest price target for WELL is C$4.75. The average price target represents a forecasted upside of 55.57% from the current price of C$4.58.

Based on 12 Wall Street analysts offering 12 month price targets for Toronto Dominion Bank in the last 3 months. The average price target is C$90.56 with a high forecast of C$120.15 and a low forecast of C$72.86.

High Growth Earnings: LEV is forecast to remain unprofitable over the next 3 years. Revenue vs Market: LEV's revenue (23.8% per year) is forecast to grow faster than the Canadian market (6.5% per year). High Growth Revenue: LEV's revenue (23.8% per year) is forecast to grow faster than 20% per year.