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

Norman Wells police seize suspected crack-cocaine

Norman Wells RCMP have arrested one person and seized a large quantity of suspected cocaine following a tip from a member of the public.  

Prosper NWT introduces fee schedule for some services

The Prosper NWT Fee Regulations have come into effect as of August 1, outlining a new fee schedule for select lending and business services provided by Prosper NWT.

City of Yellowknife holding symposium on electric vehicles

The City of Yellowknife is inviting residents to learn about what electrical vehicle ownership is like in the North at their Electric Vehicle Awareness Symposium this September.  

Two people arrested for assault by Yellowknife police

Two people have been arrested by Yellowknife RCMP following two reports of assaults the police believe are both linked to Yellowknife’s drug subculture.

Smoke expected for the Dehcho Region

Hot and dry conditions are expected in the Dehcho Region, with temperatures in the high 20’s possibly causing increased activity in existing fires. Smoke is expected for the region.