MID-DAY: Boeing share dip still weighing on Wall Street; crude continues growth as OPEC cuts pull back flow

A dip on Wall Street is rebounding slightly. An improvement in US retail sales in January is helping bring the Dow back up from losses caused by Boeing this morning. The Wall Street index is still down 21 points to 25,428 after Boeing shares dived heavily following the Sunday morning crash in Ethiopia.

Across the border the TSX isn’t feeling the effects of the Boeing dip as it climbs 83 points to 16,079.

The price of crude continues to climb on OPEC cuts, with US oil up to 56.61 a barrel.

The energy-tied Loonie is gaining to 74.57 cents US.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Tuktoyaktuk RCMP lay charges in bootleg liquor investigation

Tuktoyaktuk RCMP are laying charges following an investigation into liquor bootlegging earlier this week.

Youth engage with Tłı̨chǫ language in unconventional immersive spaces

While in-person On the Land learning continues to be central to Tłı̨chǫ language revitalization, the Tłı̨chǫ language division is looking at ways to engage with youth through new immersive platforms, like virtual spaces, that honour history and traditions. Danielle Dacanay with the Tłı̨chǫ Government’s Language Division emphasized that virtual resources are supplements to learning the language in the traditional way, they are not a replacement for it.

New microgrant stream wants youth to plant language seeds outside school

“100 youth projects wanted in French,” a new microgrant program wants youth to plant language learning seeds outside school. A network of action-research teams in Canada, other parts of North America, Africa and Europe is launching a youth grant stream to support French language engagement outside of conventional spaces. Youth across the country aged 14 to 30 are eligible for 100 microgrants in support of grassroots initiatives as part of this program run by the Dialogue Network.

Water testing at another Yellowknife school confirms elevated lead and copper

Testing at another school site in the city of Yellowknife showed elevated levels of lead and copper in water present in some of its drinking taps. Earlier this month, testing showed four other school buildings in Yellowknife and a school in Behchokǫ̀ had elevated levels of both copper and lead in water. Since comprehensive testing of schools across the territory began this fall, 28 school sites out of 34 announced to date have tested positive for elevated levels of lead.

Testing at more NWT buildings confirms lead in water

Fort Smith officials said water testing at municipal buildings has confirmed the presence of lead. According to the announcement, water samples at the Town Hall, the Fire Hall, and the Municipal Services Building continue to show elevated levels of lead.