TSX Down 90 Points With Energy, Miners, Shouldering Hefty Losses

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The TSX is down 90 points this morning with most sectors negative. Energy and miners are the biggest losers, shedding 2.96% and 1.89% respectively.

Crude oil is now down 2.96% to US$42.89. Action Economics said oil tumbled to a seven-month low, weighed down by the bearish combination of increased output from Libya, along with surging U.S. shale production, limited restraint from OPEC, and the conflict among Arab states surrounding Qatar.

Gold, silver and copper prices are also in the red.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks

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