100.1 GO FM - We're Your Feel Good Pop Station

MID-DAY: Crude weights the TSX; Dow feels pressure from partial US government shutdown

Dropping crude prices are continuing to weight the TSX at the start of a shortened trading week. The Bay Street Index is down 45 points to 13,889 as crude feels the pressure of nervous investors. US crude is down to 44.58 a barrel.

Analysts say the partial shutdown of US government, along with the fears of a 2019 recession are pushing investors to safe haven options.

This is helping gold, as the precious metal pushes to 1,268 an ounce.

Across the border the Dow is feeling the strain from investor fears as well as it drops 117 points to 22,267.

The Loonie is pushing ahead to 73.66 cents US.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

City of Yellowknife signs cross territorial MOU with Whitehorse and Iqaluit

The city of Yellowknife, Whitehorse and Iqaluit signed a Memorandum of Understanding yesterday at a summit in Whitehorse. The agreement is aimed at building collaboration between the three communities as among the major hubs and capital cities of the North.

Flooding and wildfire costs beyond hundreds of millions for territory

According to a report released today by the territorial government, flooding and wildfires in the territory have resulted in over $350 million in losses. Remaining recovery from previous floods and wildfire over the last five years are estimated to cost $360 million, while the future costs are potentially far greater.

Dragon’s Den auditions come to Yellowknife

CBC’s Dragons’ Den is hosting auditions in Yellowknife next week as part of its 2026 season search for entrepreneurs.

Two suspects facing charges following alleged assault in Yellowknife Friday

Two people are facing charges and remain in custody following what police said started out as a routine compliance check in the city of Yellowknife on Friday.

Timeline for a return to Yellowknife River water supply “subject to change”

The city of Yellowknife will continue to temporarily supply water from Yellowknife Bay after a transition Tuesday from the Yellowknife River. It is unclear how long the city will keep the temporary supply in place. The transition began about a week ago after several water mains, including one on Finlayson Drive, broke.