â–º Listen Live

MID-DAY: Trump trade optimism pushes North American markets higher; Crude boosted as US stock dips

North American markets are getting a boost as the prospect of healthy trade continues. The TSX is up 174 points to 14,842 and across the border the Dow is up 356 points to 24,727. The moves come as Donald Trump continues to give signals he’s willing to work with China to end the trade war. Trump is also undermining Canada’s arrest of a Huawei executive by saying he’d intervene if it helps build a trade deal with the eastern country.

The price of US crude is pushing higher to 52.44 a barrel after an inventory report showed a drop in oil stock.

The Loonie is up to 74.98 cents US.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

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.

Ladysmith residents sweepingly approve of Spring Clean-Up service 

Half of respondents approved of the Town of Ladysmith's handling of the Spring Clean-Up program.

More Shaikh Al Kar products recalled in B.C. due to salmonella

A recall of Shaikh Al Kar products due to possible salmonella contamination is expanding in British Columbia. 

More Shaikh Al Kar products recalled in B.C. due to salmonella

A recall of Shaikh Al Kar products due to possible salmonella contamination is expanding in British Columbia. 
- Advertisement -