Listen Live

BEFORE THE BELL: Tariffs Threaten Stock Rally; TSX Down

Uncertainty over threatened American tariffs against the European Union curbed an international stock rally in overnight trading.  The meeting is set for today between U.S. President Donald Trump and the EU Trade Commissioner.

Asian stocks were up but the tech and commodity sectors sputtered in Europe.

The TSX starts the day down 30 points to 16,390.  The loonie is at $0.7612 U.S. and oil is up $.05 cents to $68.57 a barrel.

Traders will be keeping their eyes on a couple of stocks today with CN Rail reporting better than expected earnings last night and Lulu Lemon naming a new CEO.

On Wall Street more quarterly earnings are expected from heavy hitters GM, Ford, Visa and Facebook.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

York Road fire under investigation

The North Cowichan Fire Department is investigating a blaze on the weekend that damaged a house on York Road.

Nonprofits say funding crisis affects vital community services

Nonprofits in BC warn that they are facing a funding crisis that will affect essential community services. Over two-hundred leaders of nonprofit organizations in the province have signed an open letter to funders to say they are “at the breaking point."

Public sector workers escalate job action as strike enters third week

The B.C. General Employees Union and the Professional Employees Association are escalating job action as their members enter a third week of strikes. 

B.C. approves environmental certificate for massive LNG project on northern coast

British Columbia has given the green light to a floating liquified natural gas (LNG) export facility on B.C.’s northern coast. 

B.C. forecast to reach record high $11.6B deficit this year

British Columbia’s deficit is only going up, according to the latest budget update.
- Advertisement -