â–º Listen Live

MID-DAY: TSX dragged by slumping crude prices; Dow feels weight of nervous investors

The TSX is feeling the drag from the continued weight of falling oil prices. Crude production has been pushed ahead in many countries, outweighing demand. US crude is down to 59.88 a barrel.

On Bay Street the TSX is down 119 points to 15,237.

Across the border, the Dow is feeling the weight from nervous investors as the US Federal Reserve is indicating it’s prepared for another interest rate hike. The Wall Street index is down 183 points to 26,007.

Faced with energy dips and a strengthening Greenback, the Loonie continues to drop to 75.8 cents US.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

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.

B.C. Green candidates shared visions for party future in weekend leadership debate

B.C. Green party candidates faced off in a leadership debate Saturday in downtown Victoria. 

Duncan survey seeks citizen satisfaction suggestions

It's survey time in Duncan. The City of Duncan has...

Ribbon-cutting ceremony welcomes new recovery centre in North Cowichan 

A new recovery centre in North Cowichan was welcomed by dignitaries and supporters at an event yesterday (Sept. 12) on Norcross Road.

Herd Road re-opens to public traffic after months of construction 

Herd Road is going to be ready to open to traffic starting on Sept. 16.
- Advertisement -