TSX makes modest gain despite slide in oil prices - News Summed Up

TSX makes modest gain despite slide in oil prices


In New York, the Dow Jones industrial average slid 31.98 points to 18,034.77, while the Nasdaq gained 18.51 points to 5,173.77. A sense of calm returned to stock markets Wednesday, with major North American indices ending the day relatively unchanged. Allan Small, a senior adviser at HollisWealth, said the recent flip-flopping in stock markets has investors trying to second-guess comments from a number of Fed presidents. In commodities, oil prices continued their slide following concerns that demand for crude will slow down this year. The Canadian dollar was down 0.16 of a cent to trade at 75.77 cents U.S.With files from The Associated Press


Source: thestar September 14, 2016 18:00 UTC



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