Wall Street’s high mark for stock market returns in 2024 keeps moving up. BMO Capital Markets chief investment strategist Brian Belski boosted his year-end price target for the S&P 500 (^GSPC) to 5,600 from 5,100 in a research note on Wednesday, noting that momentum in the market is “likely to persist.” Belski’s 5,600 target reflects
Rising bond yields have been a key catalyst for stock drawdowns over the past year. But higher rates haven’t always been bad for stocks. In an analysis going back to 1990, BMO Capital Markets chief investment strategist Brian Belski found the S&P 500 (^GSPC) delivered an average annual return of 7.7% in months when the
Calibre Mining Corp. Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, March 19, 2024 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB, OTCQX: CXBMF) (the “Company” or “Calibre”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO
Retailers wait until Boxing Day to slash prices. Not investment banks. Dealers that raise the money Corporate Canada needs to pay for takeovers have been selling stock at bargain-basement prices all year long to get deals done. Rising interest rates and economic uncertainty have upset what had been a sweet, decade-long run for Bay Street’s