TSX Ends Sharply Lower On Trade War Concerns, Falling Oil Prices
Thursday, 23 May 2019 Hurt by a sharp fall in crude oil prices and rising concerns about global economy due to the ongoing U.S.-China trade conflict, the Canadian stock market suffered its worst setback of the year on Thursday.
President Trump's tariffs are wreaking havoc in the U.S. stock market, but investors may have dragged down some stocks that don't deserve it. First off, the S&P 500 is down 4.6% since May 3, the last trading day before Trump did his one-eighty on China. Stocks with part of their supply chains...
According to Reuters, oil prices bounced back from a five month low in the wake of an oil tanker attack.
On June 13th, crude oil prices spiked more than 4-percent, before settling at a lower price in..