There was no let up for the price of oil today as prices bounced around the $45 mark so once again Canada’s energy sector is among the stocks ending lower along with metals producers. Globally there was concern over weakness in many of the world’s economies and increased expectation of the Fed raising US interest rates this summer.
The S&P/TSX Composite Index closed up 33.08 (0.23 per cent)
The NYSE closed higher
Oil is trending flat
Gold is slightly higher
The loonie is trending up against the US dollar ($0.7930 at close)