TSX declines on higher US oil stocks, Greek debt extension blocked

TSX declines on higher US oil stocks, Greek debt extension blocked

TSX declines on higher US oil stocks, Greek debt extension blocked The Toronto Stock Exchange declined today as figures revealed that US oil stocks are higher than expected. Oil prices and energy stocks slipped back as a result. Meanwhile hopes of a deal between Greece and its creditors faltered as Germany blocked an extension of the bailout agreement; however there is some hope of a deal being agreed tomorrow.

The S&P/TSX Composite Index closed 32.42 (0.21 per cent)

The NYSE closed lower (Nasdaq was up)

Oil is trending higher (Brent $60.02, WTI $51.95 at 4.35pm)

Gold is trending lower

The loonie is valued at U$ 0.80047 (4.35pm)