Stocks declined on Tuesday, driven by strong economic data that raised concerns about the potential delay in Federal Reserve rate cuts this year.
For TFSA, 2025 annual contribution limit is $7000. For RRSP, the annual contribution limit is up to 18% of your previous year’s earned income or capped at $32,490 for 2025.
U.S. stocks closed higher on Friday as Wall Street recovered from a rocky start to the new year.
In January 2024, a client opened a TFSA with Canada Life and invested $10,000 in a segregated fund. By December 31, the investment earned over $4,000, achieving an impressive annual return of 40%.
On Thursday, major U.S. stock indices extended their losing streak into the new year.
Discover the major financial events from 2023 to 2024 in the US stock market. Ai Financial is here to help you stay informed and make smarter investment decisions.
US stocks closed lower on Tuesday, marking the end of a booming year for equity investors.
U.S. stocks declined on Monday in one of the final trading sessions of 2024, as a banner year for investors appears to be ending on a sour note.
The Dow Jones Industrial Average narrowly ended its longest losing streak since 1974, closing with a modest gain of 15.37 points (0.04%) at 42,342.24.
The Dow Jones Industrial Average extended its historic losing streak, marking a 10th consecutive day of declines, its longest since 1974.