Listen Live
Listen Live
Listen Live

MID-DAY: Worrisome investors pull down North American markets, crude on the slide again

North American markets are feeling the weight of worrisome investors. On Bay Street the TSX is down 22 points to 14,572 and across the border the Dow is down 112 points to 23,988.

The slides come as the US Federal Reserve prepares to meet tomorrow, with analysts expecting another interest rate increase. But, experts are also suggesting the Feds will be pulling back on any future increases as projections point to a slowing of economic growth in 2019.

This has also, once again, hit crude prices as investors worry over demand for crude dropping. US oil is down to 50.63 a barrel.

The Loonie is gaining slightly to 74.71 cents US.

Safe haven gold is growing to 1,246 an ounce.

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Wind knocks out power to thousands in the Cariboo

BC Hydro crews were busy today (Oct 23) as more than two thousand customers in the Cariboo were without power at one point.

Fallen trees cut power on Sales Road West

A tree falling on power lines along Sales Road West in Quesnel cut power to residents in the area and along Red Bluff Road.

Virtual Emergency Care coming in the new year to Clearwater

A Virtual Emergency Care pilot project has been proposed in four communities that includes the Dr Helmcken Memorial Hospital in Clearwater.

Quesnel School District is looking for bus drivers

 The Quesnel School District is dealing with a bus driver shortage.

Quesnel’s famous moose is whole again

Bruce the Moose, Quesnel's beloved wooden moose carving outside the Prestige Riverside Lodge, was made whole again on Tuesday, October 21. Bruce's carver, Ryan Cook, and the Prestige Lodge re-attached Bruce's antler that had been broken off in July.
- Advertisement -