MID-DAY: North American markets bouncing back from Wednesday losses; Canadian exports drop in February

Bay Street is bouncing back from three days of losses. The TSX is up by 136 points to 15,301 and the Dow has gained 207 points pushing it to 24,471. This comes after US officials say they are negotiating with China instead of continuing with the trade tariff threats.

Amazon and Facebook both helped boost the markets as the tech companies shares started climbing again this morning between 1.5 and 4 per cent.

Bad news for Canadian business however as trade came with an export deficit of 2.7 billion in February, while imports surged higher by 1.9 per cent.

The Loonie is sliding slowly, down to 78.21 cents US.

Oil is gaining to 63.69 a barrel.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

GNWT signs new research agreement with U of A

The Government of the Northwest Territories and the University of Alberta have signed a new research agreement to help generate critical insights into the environmental and geopolitical shifts facing the North.

Suspect charged in Inuvik Shooting

One suspect has been charged in connection to the shooting which took place in Inuvik earlier this week, resulting in the death of one person.

Premier Simpson and Minister Cleveland speak on Northern potential following investment summit

Northwest Territories Premier R.J. Simpson and Minister of Industry, Tourism and Investment Caitlin Cleveland have issued statements following the inaugural Canada Investment Summit held in Toronto this week.

Financial assistance available for students in bridging programs

The Government of the Northwest Territories is reminding residents that financial assistance is available to students enrolled in full-time bridging, transitional and preparatory programs through the Skills Development Program.

National Council for Reconciliation announces permanent board of directors

The National Council for Reconciliation has announced their first permanent board of directors as Canada moves towards a period of implementation and measurable results towards reconciliation.