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

Testing shows elevated lead in water at more Fort Smith buildings

A number of municipal buildings in Fort Smith show elevated levels of lead in water, according to initial testing results announced on Friday. It is unclear how many buildings are affected but offiicals said more information would be made public in the coming days. “We would like to inform residents that recent water testing at Town facilities has found lead levels that require follow-up and action,” read a message posted by officials on the town’s site.

GNWT says 3 more school buildings show elevated lead in water

The territorial government says another three school sites showed elevated levels of lead in drinking water after testing earlier this month. With 32 tested school results announced to date, 26 have tested positive for elevated levels of lead in some of their drinking water fixtures.

New smoking cessation program launched at Stanton Territorial Hospital

The Northwest Territories Health and Social Services Authority has announced the launch of the Ottawa Model for Smoking Cessation at Stanton Territorial Hospital. The program aims to help smokers get care while in hospital, and afterwards.  

YWCA doubles down on multi-use daycare and housing space near BP

YWCA NWT is in the planning phases for a new multi-purpose space that would include more than 20 family-sized affordable housing units, along with affordable daycare. Alayna Ward with the YWCA said the new facility is planned to be similar to Gotı̨ li Kǫ̀ in Yellowknife, a multi-use facility with family housing units the YWCA opened in 2023. The organization wants to build the proposed multi-use facility on the lot by Boston Pizza where the daycare was planned to open this spring.

Federal investment in NWT food security announced

Northwest Territories Member of Parliament Rebecca Alty highlighted an investment of over $95,000 into three organizations in the NWT under the Local Food Infrastructure Fund.