â–ş Listen Live
â–ş Listen Live

MID-DAY: TSX, Dow, crude all boosted on trade optimism: SNC-Lavalin stock drops on poor report

Optimism is boosting energy stocks, which is in turn pushing the TSX ahead. The Bay Street Index is climbing 60 points to 16,061 and across the border the Dow is pushing 112 points to 25,962.

This, in part, is thanks to the climb in US crude, which is gaining to 57.40 a barrel.

The Loonie is also gaining to 75.82 cents US.

This all comes as Donald Trump is expected to host China’s President today to discuss the ongoing trade negotiations. Recent reports have suggested the two sides are very close to reaching an agreement and ending the trade war.

And, SNC-Lavalin announced a $1.6 billion loss in its quarterly report amid political drama, pulling the stock down.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

How Kootenay Family Place came to run Unicorn Childcare

A Castlegar-based non-profit has come to the rescue to run a proposed extended-hour childcare facility in Tadanac.

Final weekend for Pumpkin Fest in Krestova

This weekend is your last chance to visit a popular event celebrating fall.

CFIA says no birds killed at ostrich farm under stay order

The Canadian Food Inspection Agency said it has not destroyed any birds at the Universal Ostrich Farm, despite supporters claiming many have gone missing. 

BV Nitehawks coach clocks 1,200 wins

Terry Jones jokes that reaching 1,200 career wins—920 in the regular season and 280 in the playoffs — just means he’s been coaching in the Kootenay International Junior Hockey League “a long, long time.”

28 animals removed from West Kootenay property amid cruelty investigation

Twenty-eight animals were removed from a rural property in the Kootenays earlier this month following an animal protection investigation involving concerns of irresponsible breeding and neglect. 
- Advertisement -