Analysts’ forecast returns and recommendations for all stocks in the S&P/TSX Composite Index

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Storm clouds may soon part for investors

Last month, major stock markets worldwide were under pressure.

In the U.S., the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite Index were down 3.5 per cent, 4.9 per cent, and 5.8 per cent, respectively. Internationally, the German DAX declined 3.5 per cent, France’s CAC fell 2.5 per cent, Japan’s Nikkei lost 2.3 per cent and Hong Kong’s Hang Seng Index suffered a 3.1 per cent loss.

Economic data along with third-quarter earnings reports and 2024 outlooks provided by management in the weeks ahead will help dictate the direction markets will be headed in the final quarter of the year.

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Market Stress Rises Over Wild Week Ahead Even Without a ShutdownInvestors have shown few signs of panic during a stock market slump that’s pushed the S&P 500 Index into its first losing quarter in a year. But beneath the surface, signs of stress are emerging that go far beyond the just averted US government shutdown.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »