â–º Listen Live

AT THE CLOSE: TSX falls on energy weight, Dow pushed back up by tech sector

The TSX is ending out the day in the red weighted by a continued slide in crude. The Bay Street index closed 66 points down at 14,728 after US crude fell to 50.82 a barrel.

Energy problems and Brexit stress is weighing on the Loonie, which is down to 74.59 cents US.

Across the border, the Dow came back to life in the last few hours, helped by the tech sector as Apple stocks started growing. The Wall Street index closed up 34 points at 24,423.

Stress over the US-China trade deal is expected to cause more issues tomorrow as a close date on a grace period between the two countries has been set for March 1st. US officials warn if a trade deal isn’t reached then, Washington will slap a new round of tariffs on Beijing.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Infrastructure, housing, UNDRIP will top agenda as local governments meet in Victoria next week

Members of local governments and First Nations are gathering in Victoria next week for the annual Union of B.C. Municipalities (UBCM) convention.

B.C. Conservatives support federal bill to classify intimate partner killings as first-degree murder

B.C. politicians are voicing support for a federal Conservative bill that would classify the killing of an intimate partner as first-degree murder. 

North Cowichan orders derelict properties on York Road cleaned up or torn down

North Cowichan Council is ordering the owners of three derelict buildings on York Road to clean up the sites or demolish the buildings.

“Please stop”: Eby says Alberta’s pipeline dream jeopardizes B.C. projects

Premier David Eby said Alberta’s push for a new pipeline is a threat to existing major projects in B.C. 

Cowichan Valley transit strike ending

Unifor and Transdev have agreed to the provincial mediator’s upcoming recommendations, ending the months long Cowichan Valley transit strike - the longest in BC History.
- Advertisement -