β–Ί Listen Live

AFTER THE BELL: TSX finishes higher, historic day for Apple

It’s been a rollercoaster of a day on Bay Street.

The threat of the Trump Administration slapping 25-percent tariffs on China initially initially caused the TSX to sink to a four-week low.

But Canada’s main stock exchange rose back into positive territory, led by strong pushes in the materials, tech, and industrials sectors.

The TSX jumped 30 points higher to finish at 16,406.

Oil traded $1.29 higher today to cap the day at $68.95 a barrel.

Meanwhile, there was a major milestone for Apple today as it hit the $1 trillion mark in market value, becoming the first publicly traded company to accomplish this feat.

In the process, Apple’s shares hit an all-time high as the company’s stock jumped 3-percent to $207.62 US.

Apple’s successes powered the tech-heavy Nasdaq, which moved up 95 points to 7,802.

It was an up-and-down day on Wall Street as the Dow had rallied from earlier trade tariff worries before dropping two points to 25, 331.

Gold had its lowest close in more than a year, down $10 to $1,209 an ounce.

The loonie finished the day down 11/100ths of a cent to finish at 76.78 cents US.

Continue Reading

- Advertisement -

Related Articles

- Advertisement -

Latest News

B.C. Conservatives propose higher tax caps to offset municipal losses from pipeline assessment

Proposed legislation from the B.C. Conservatives would raise taxation...

Another wind warning in effect for North Island overnight

More heavy wind and rain is expected for North Vancouver Island tonight.Β 

Eby leaves door open to early election over North Coast transmission line bill

Premier David Eby isn’t ruling out an early election...

Proposed bill to repeal B.C. Indigenous rights legislation fails to move forward

A bill that aimed repeal the Declaration on the...

BC liquor, cannabis distributors working overtime to get back to normal

An industry group representing British Columbia’s bars, pubs and...
- Advertisement -