Quantcast

TSX Down 67 Points in Broad Decline With Miners, Info Tech, The Sole Gainers


Shutterstock photo

The TSX is down 67 points this morning in a broad decline. Miners (+1.34%), and info tech (+0.50%) are the sole gainers.

The biggest decliners are energy (-1.10%) and utilities (-0.72%). Crude oil is now trading at US$58.59, down 1.18%.

Action Economics said the most recent bout of weakness in oil prices has come following a report from the International Energy Agency, forecasting that 2018 oil production growth could outstrip demand growth. U.S. shale will provide the lion's share of increased global output.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.



This article appears in: Investing , Stocks



More from MT Newswires

Subscribe






MT Newswires
Contributor:

MT Newswires

Market News, Commodities










Research Brokers before you trade

Want to trade FX?