TSX Lower on Mixed Sectors

The TSX is down 54 points this morning on mixed sectors.

The biggest decliners are info tech (-0.69%) and industrials (-0.64%). The heavy weight financials sector is also down, shedding 0.44%.

Meanwhile, miners (+0.69%) and energy (+0.25%) are higher on the back of rising precious metals and crude oil prices.

Investors await any progress on ending the trade war between China and the United States at the upcoming G-20 meeting in Japan (June 28-29.) Trump and Chinese President Xi Jinping are expected to talk at the G-20 meeting, raising hopes the feud between the two countries can be resolved.

Bombardier (BBD-B.TO) is 3.2% higher and is the most actively traded on the TSX after announcing that it has entered into a definitive agreement with Mitsubishi Heavy Industries which will acquire Bombardier’s regional jet program for US$550 million ($724 million).

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