Today: 15 March 2026
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TSX:BMO.TO 22 February 2026

TSX Week Ahead: Toronto Stock Exchange record close faces bank earnings rush and Canada GDP test

TSX Week Ahead: Toronto Stock Exchange record close faces bank earnings rush and Canada GDP test

The S&P/TSX Composite closed at a record 33,817.51 on Friday, up 0.7% after a U.S. Supreme Court ruling against Trump’s tariffs boosted financials and miners. Canadian bank earnings begin Tuesday, with key GDP and current account data due later in the week. The Canadian dollar slipped 0.5% to 1.3687 per U.S. dollar. U.S. tariff policy and oil prices remain key market drivers.

Stock Market Today

  • FactSet Advances AI Strategy Amid Share Price Challenges
    March 15, 2026, 1:04 AM EDT. FactSet Research Systems (NYSE:FDS) has appointed a Chief AI Officer and CTO to accelerate AI-driven product development, including new compliance tools targeting financial crime risk. Despite these innovations, FactSet's share price remains depressed at $205.65, down 52.2% over the past year. Analysts see potential upside with a consensus price target around $296.71, implying shares trade about 31% below fair value. The company's price-to-earnings ratio stands at 12.7, well below the industry average of 25.9, highlighting undervaluation but raising questions about earnings growth. Investors should monitor client adoption of AI features and the firm's debt management, as these factors will influence market sentiment and stock re-rating over time.
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