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TSX steps back after large gain, energy stocks slide on Goldman price warning

TORONTO – Energy stocks led the way to a decline late-morning Monday on the Toronto stock market. The S&P/TSX composite index fell 78.61 points to 14,465.21.
At midday: Markets move lower amid sinking oil prices  
TSX drops as energy shares slide with oil  
B.C. Premier Christy Clark attends a groundbreaking event for FortisBC’s Tilbury LNG facility expansion project in Delta. Clark’s government had earlier announced legislation to promote the “cleanest LNG facilities” in the world.
U.S. crude futures fell back below $81 a barrel on Tuesday in early Asian trade, pressured by Goldman Sachs slashing its price forecasts and expectations of a rise in U.S
TSX, Dow drop on dismal oil forecast

A dismal forecast for oil hit energy stocks in North American markets Monday, pushing the TSX and Dow lower. The S&P/TSX composite index fell 73 points to 14,470 by late afternoon, with the energy sector down almost 3 per cent.

At midday: Markets move lower amid sinking oil prices  The Globe and Mail
Canada Stocks Sink With Oil as Goldman Sachs Cuts Price Forecast  Businessweek
Reuters Canada   Related articles »

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