Listen Live
Listen Live
Listen Live

MID-DAY: TSX comes back to life with energy sector boost

The TSX is shaking off a losing streak that stretched through last week with help from energy stocks.
The Bay Street index is growing 15 points to 16,105 as the price of crude gains this morning. Experts say investors are feeling more confident in oil prices as demand is not to be impacted in the next six to nine months by the US China trade conflict. A hit in import from Iran due to US sanctions is also giving strength to crude prices as US oil gains to 67.93 a barrel.

The Loonie, generally tied to commodity prices, is also gaining strength growing to 75.96 cents US.

Across the border the Dow is growing slightly to 25,919 as investors are finding a new distraction from Trump’s tariff tirade in the possibility Republican-led tax cuts. The party is looking to gain favour over its Democrat counterparts by moving forward with Tax Reform 2.0.

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

“We’d love to see a sea of orange shirts in Boitanio Park in Williams Lake”

Students throughout the Cariboo-Chilcotin School District have been invited to attend a very special event tomorrow (September 26) in Boitanio Park in Williams Lake.

Ostrich farm granted temporary stay of CFIA Cull order: agency to remain at farm

The Universal Ostrich Farm in Edgewood was in a celebratory mood late Wednesday morning after owners learned the Supreme Court of Canada granted an interim stay of a cull ordered by the Canadian Food Inspection Agency.

Municipal leaders call on province to step up response to street disorder

Mayors from across British Columbia are calling on the province to take urgent action to address the homelessness and addiction crisis facing their communities.  

B.C. economy holding steady despite tariffs, finance minister tells UBCM

B.C. Finance Minister Brenda Bailey said the province's economy has remained steady despite global trade conflicts and rising costs.  

Gibraltar Mines Donates to Good Food Box Program in Williams Lake

The Women's Contact Society in Williams Lake was the recent recipient of a donation from Gibraltar Mines.
- Advertisement -