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MID-DAY: TSX dips on health sector and cannabis weight; Disappointing earnings reports pull down Dow

James Bowler
By James Bowler

Pot stocks are dipping causing some weight on Bay Street. The TSX is down 75 points to 15,394, caused by a dip in a few sectors including Health, which covers the marijuana stocks.

The Loonie is gaining some strength to 76.30 cents US ahead of a Bank of Canada decision on the interest rate. Analyst consensus points to a high likelihood that he BoC will raise the rate on Wednesday.

Across the border the Dow is down 32 points to 25,411 on disappointing earnings reports from a few companies including Boeing.

Meanwhile, oil is slipping ahead of US sanctions on Iranian export, US crude is down to 69.26 a barrel.

James Bowler
James Bowler

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