06-01-2015 16:58 via news.yahoo.com

TSX hits two and a half week low on oil price slowdown

By John Tilak TORONTO (Reuters) - Canada's main stock index fell to its lowest in 2-1/2 weeks on Tuesday as shares of energy producers dropped after the price of oil tested new lows on concerns about oversupply. The release of sluggish U.S. economic data, with new orders for factory goods dropping for a fourth straight month in November, contributed further to the bearish mood. Oil prices touched a 5-1/2-year low, down about 55 percent since June. Shares of energy companies have lost more t
Read more »