Skip to main content

TransCanada request denied

The markets traded lower during the midday with the Dow slipping 25 points to 24,766. Nasdaq fell 28 points to 6,966.


A request by TransCanada to amend the route of the proposed Keystone XL pipeline was denied by the Nebraska Public Service Commission. The regulatory agency had approved an alternate route last month that was closer to an existing pipeline right-of-way. TransCanada said that it would continue to work on a path to move forward with the project.


Trading of The Crypto Company has been suspended until January 3, 2018 over concerns about possible fraud. Shares of the digital assets company have rocketed more than 2,700% this month sending the market value well over $11 billion. The Securities and Exchange Commission will investigate the accuracy and adequacy of statements made by the company.


McDonald's will launch its McVegan burger in Finland and Sweden on December 28. The fast food giant developed the vegetarian soy burger with Norwegian company Orkla. McDonald's plans to create more vegetarian and vegan menu items to accommodate increasing consumer preferences for plant based food.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 lost 5 points to 2,684. Bitcoin plummeted $580 to $18,119.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.