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

Early Childhood Infrastructure Fund split into separate funding streams

The Government of the Northwest Territories has announced that the Early Childhood Infrastructure Fund will now be split into three distinct funding streams.

Ministers congratulate new Major Project Review Tool

Ministers Jay Macdonald, Caitlin Cleveland, and Caroline Wawzonek have released a statement following the launch of the Mackenzie Valley Environmental Impact Review Board’s new Regional Database and Major Project Review Tool last week.

Tests at Łutsel K’e Dene School show safe drinking water

Water testing for the Łutsel K’e Dene School has been completed, showing lead levels below the maximum acceptable level in all water fixtures.

Northern Distance Learning Program plans to expand in upcoming school year

The Northwest Territories’ Northern Distance Learning Program has undergone an evaluation to help guide improvements to the program, improving student access to virtual high school programming.

Yellowknife Kidney Walk to be held this weekend

The Kidney Foundation of Canada will be holding the annual Yellowknife Kidney walk this Sunday, May 24.