TSX Flat at 10 am on Mixed Sectors With Commodities in The Red
The TSX is down 6 points this morning on mixed sectors. Energy (-0.19%) and miners (-0.23%) are in the red, on the back of lower commodities prices.
Crude oil has slipped 2.54% to US$51.38, while gold is now at US$1,309.80 (-0.66%).
However, the resumption of trade talks between the US and China is providing some hope to investors. The two sides are trying to forge a deal before March 1, when U.S. tariffs on US$200 billion worth of Chinese imports are scheduled to increase to 25% from 10%.
The biggest decliner is still the healthcare sector, down 0.58%, while info tech is the biggest gainer, up 0.73%.
In stocks, Solium Capital (SUM.TO) has surged 43% to a record high after the company announced it had entered into an arrangement agreement with Morgan Stanley.
SNC Lavalin (SNC.TO) is down 3.85% and skirting a 52-week low after the company cut its 2018 profit guidance because of a dispute related to its mining and metallurgy project in Latin America.
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