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

Chief Mackenzie calls for inquiry and apology from RCMP and feds

Dene National Chief George Mackenzie says while he's not surprised by the CBC’s recent investigative reports of RCMP surveillance, he was surprised by its level. Chief Mackenzie is calling for a public inquiry and for the reports to be made public, as well as a formal apology from the RCMP and the federal government.

Arctic Anglers Family Fishing Derby this weekend

The ninth Annual Arctic Anglers Family Fishing Derby is being held this weekend at Prelude Lake, from April 3 to 5.

Two youth are facing charges for using AI to alter social media photos

Two youths are facing charges in relation to an alleged incident involving AI and the alteration of photos. Officers allege that the two youths used artificial intelligence to alter photos obtained on social media of other youths.

NWT Indigenous leaders urge oil sands, legacy waste cleanup needed now

PM Mark Carney committed $90 million into the Wood Buffalo National Park and wood bison recovery. This is part of $3.8 B strategy” to “protect and restore” habitats and find ways for industrial strategies to “complement” conservation announced Tuesday. Indigenous and local leaders have been calling on the feds and provincial and territorial governments to take more measures to clean up industrial wastes of the region including the Peace-Athabasca waterways of Treaty 8.

Testing confirms another Yellowknife school has elevated copper in water and lead

Testing shows that another school in the city of Yellowknife has elevated levels of lead and testing also confirmed elevated levels of copper present in water from some of its drinking taps. Last week, testing showed that three Yellowknife area school buildings and a school in Behchokǫ̀ showed elevated levels of both copper and lead in water from some drinking water fixtures.