TSX Snaps 11 Session Winning Streak

The TSX has snapped its 11 day winning streak finishing the day down 17 points to 16,144.

The release of stronger than expected wholesale trade numbers helped boost the financials market, with those numbers coming in higher than they have in five months at 1.1 percent in March.

Royal Bank shares saw a gain of a dollar helping to bolster the financial markets. That’s ahead of Canadian bank earnings later this week.

Oil hurt the energy sector losing 11 cents late in the day at $72.05 a barrel.

Gold didn’t really do much today, up only 0.40 to $1,291 an ounce.

Medical marijuana stocks are still riding a high with Canopy Growth up over $39 a share gaining $3 in a late day finish.

The Dow is down 179 points and the Nasdaq is also down 15 points.

The loonie took a tumble today finishing the day at 0.7799 cents US.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Stanton Hospital in Yellowknife to conduct mock drill on May 13

Northwest Territories Health and Social Services Authority issued a public advisory today that a mock Code Silver will be conducted at Stanton Territorial Hospital on May 13. Hospital representatives said that urgent medical procedures and patient services will not be impacted by the drill.

MLAs holding follow-up meeting on crime and public safety

Members of the Northwest Territories Legislative Assembly Robert Hawkins and Kieron Testart are inviting residents of Yellowknife, Dettah, and Ndilǫ to attend a town hall meeting on crime and public safety.  

Yellowknife’s Spring Tradeshow showcases growing art and maker economy

Walking through Yellowknife’s Spring tradeshow this weekend, the independent spirit of artists, entreprepreneurs and business owners was inescapable. The work of artists in Yellowknife and across the territory is increasingly strengthening and building not only the cultural landscape but is also playing a growing role in the economy, evident at the spring show.

Hay River break-up near complete, Peel and Arctic Red River “progressing quickly”

Scientists with the territorial department of Environment and Climate Change said that break-up is “near complete” for the Hay River. Data from the latest report also showed break-up has progressed quickly along the Peel River and the Arctic Red River.

A Hands-on Fortune Teller table, a Teddy Bear Hospital – YK’s Tradeshow has it all

From makers and artisans to community groups, more than 150 vendors and counting are making their way to the Yellowknife Tradeshow this weekend. This year’s show includes a host of activities for youth, from the Aga Khan’s interactive fortune teller table to Aurora College’s kid crowd pleasing Teddy Bear hospital.