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AT MIDDAY: TSX Flip Flops as Energy Sector Drags

The U.S. economy is surging.  The GDP is up to 4.1-percent, its best showing since 2014.

Twitter stocks are selling off after disappointing active user numbers.  Shares in the social media company are down 14-percent.

On Bay Street Imperil Oil is turning around.  It reported a 36-percent increase in revenue in the last quarter.

The TSX is flip-flopping today.  It started the day in negative territory then gained and is now back in the red down 1 point to 16,454.  The drag is coming from energy stocks.

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Gold stocks are selling off as investors go bargain shopping and that is helping the TSX.

The loonie is up 1/10 of a cent to $0.7652 cents U.S.  Oil is down slightly to $69.59 a barrel and gold has gained $6.00 to $1,223 an ounce.


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