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HomeUncategorizedAt the close: Down day on both Bay and Wall Streets

At the close: Down day on both Bay and Wall Streets

It was a down day on Wall Street to end the week with the Dow losing 460 points.

Both the Nasdaq and S&P had losing days.  Boeing also saw losses of 2.8-percent as Indonesia cancelled an order of 49 planes.

The TSX lost 155 points with losses in the energy castor largely contributing.

Oil prices dropped finishing at $50.04 a barrel.

Stats Can reported a slight uptick in the inflation rate and January retail sales were surprisingly lower than expected.  The Canadian dollar lost 36/100 of a cent to close at $0.7447 cents U.S.

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