Listen Live

AT MIDDAY: TSX Flip Flops as Energy Sector Drags

The U.S. economy is surging.  The GDP is up to 4.1-percent, its best showing since 2014.

Twitter stocks are selling off after disappointing active user numbers.  Shares in the social media company are down 14-percent.

On Bay Street Imperil Oil is turning around.  It reported a 36-percent increase in revenue in the last quarter.

The TSX is flip-flopping today.  It started the day in negative territory then gained and is now back in the red down 1 point to 16,454.  The drag is coming from energy stocks.

Gold stocks are selling off as investors go bargain shopping and that is helping the TSX.

The loonie is up 1/10 of a cent to $0.7652 cents U.S.  Oil is down slightly to $69.59 a barrel and gold has gained $6.00 to $1,223 an ounce.

 

Continue Reading

cfcp Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

2026 budget to be proposed for council consideration October 22

The Town of Comox will consider its 2026 operating budget at the regular council meeting on October 22. 

City of Courtenay recognized on provincial and national level for public works weeks

The City of Courtenay has received awards at both the provincial and national levels for its efforts during National Public Works Week earlier this year. 

NIC Foundation exceeds $1 million in student awards

The North Island College Foundation is celebrating a milestone this year, distributing more than $1 million in student awards for the first time in its history.

‘Halloween Happenings’ set for Comox Valley in late October

With Thanksgiving wrapped up, the Comox Valley is shifting gears to Halloween, and there’s no shortage of spooky fun ahead.

Contactless payments coming soon to BC Transit riders

Bus riders may soon have an easier way to pay for their fare, as BC Transit prepares to roll out contactless debit and credit card payments across its network through the Umo fare system.
- Advertisement -