Daily News

Source: BNN Bloomberg January 20, 2024

Three consumer staple stocks with upside in 2024: Citi analyst

Consumer staple stocks underperformed broader equity markets for most of 2023, but an analyst says there are opportunities in the space that investors can take advantage of this year. Filippo Falorni, vice president and equity research analyst at Citi, tol...

Source: BNN Bloomberg January 20, 2024

The Week Ahead: interest rate decision, Tesla earnings

Monday, Jan. 22 Notable earnings: United Airlines Tuesday, Jan. 23 Notable earnings: GE, JNJ, Procter & Gamble, Verizon, 3M, CN Rail, Netflix, Baker Hughes Wednesday, Jan. 24 Notable data: Bank of Canada interest rate decision and...

Market Call Source: BNN Bloomberg January 20, 2024

Brooke Thackray's Top Picks: January 19, 2024

Brooke Thackray, research analyst at Horizons ETF Management Canada Focus: Seasonal investing and technical analysis Market outlook: 2023 will be known as the year of “no recession,” despite pundits calling for one. Several indicators were showing...

Source: BNN Bloomberg January 20, 2024

TSX recap: financial, utility and tech stocks lift Index 0.72%

Strength in financial, utilities and technology stocks helped the TSX gain almost 150 points Friday, while U.S. markets broadly rose on the back of technology, with the S&P 500 rallying to hit a new all-time record high.  The S&P/TSX Composite Index closed...

Source: Financialpost January 20, 2024

Stellantis warns of 'bloodbath' from EV price cuts as Ford chops F-150 Lightning output

Cost reductions risk damaging carmakers' financial healthStellantis NV boss Carlos Tavares has warned carmakers cutting electric vehicle prices too fast risked a “bloodbath” in the industry, hours after Ford said it was reducing production of its battery-pow...

Source: Financialpost January 20, 2024

FP Answers: What happens to TFSA contributions and limits once a spouse dies?

No, you do not now have twice as much TFSA roomReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. By Julie Cazzin with Andrew Dobson...

Source: Financialpost January 20, 2024

Posthaste: Stagflation the wildcard in hopes for Bank of Canada interest rate cut, economist says

No 'compelling' case yet based on rising inflation and downbeat business outlook We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Stagflation the wildcard in hopes...

Market Call Source: BNN Bloomberg January 19, 2024

Hap Sneddon's Top Picks: January 18, 2024

Hap Sneddon, president and chief portfolio manager at Castlemoore FOCUS: Technical Analysis MARKET OUTLOOK: Equity markets are overbought in the short term. Many indicators, along with the price action, have begun to roll over. This is consistent w...

Source: BNN Bloomberg January 19, 2024

Three health-care stocks to consider: Stifel analyst

Health-care stocks are an attractive buy as Canada’s population ages and younger Canadians become more health-conscious, according to an analyst covering the sector. Justin Keywood, healthcare and special situations analyst at Stifel Canada, told BNN Bloom...

Source: BNN Bloomberg January 19, 2024

Markets today: Nasdaq 100 hits record high in tech-fuelled rebound

A rally in some of the world’s largest technology companies fuelled a rebound in stocks, with traders also weighing the latest economic data and Fedspeak for clues on the U.S. central bank’s next steps. After a back-to-back slide, the S&P 500 rose as bond-...