BEFORE THE BELL: Trade Talks Weigh Down Markets; Lulu Lemon Posts Strong Earnings

Usually the Friday before a long weekend is quiet on the markets but today may just buck that trend.

U.S. President Donald Trump continues to make more trade threats, talking about pulling out of the World Trade Organization and although he says trade talks with Canada are positive he is still threatening auto tariffs if the two countries can’t come to a deal.   All of that is helping to weigh down the markets with the Dow, Nasdaq and S&P losing ground yesterday.

Dow futures are off this morning by 40 points.

On Bay Street the TSX lost 18 points down to 16,371.  News the federal court of appeal quashed the Trans Mountain Pipeline expansion dragged energy stocks lower.

This morning oil is down $0.46 to $69.79 a barrel.  Gold is up just under $7.00 and the dollar has slipped a tenth of a cent to $0.7691 U.S.

Lulu Lemon has released strong quarterly earnings and shares of the athletic wear manufacturer are up 11-percent this morning.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Hwy 1’s Redknife River Bridge 4 months construction and detour begins

The territory’s Infrastructure Department said construction of the Redknife River Bridge on Highway 1 is scheduled to begin Thursday. The construction is anticipated to continue over the next four months up to October.

Yellowknife Governance Committee discusses name change for Franklin Ave

The City of Yellowknife Governance and Priorities Committee met today to discuss several issues that will be presented at the upcoming City Council meeting on May 27, 2026.

Canada Road Safety Week underway

Canada Road Safety Week will bring increased police presence on roads over the long weekend. The campaign kicked off May 12 and will run up to May 18 as part of a nationwide initiative aimed at making roads across the country safer. This annual campaign is about increasing awareness of safe driving measures to help save lives and reduce injuries on roads.

GNWT introduces new process for Supported Living admissions

The Government of the Northwest Territories has announced a new admission process for adults with disabilities to get access to GNWT-funded Supported Living services

Contaminated soil detected at a Yellowknife school

Yellowknife Education District No. 1 is performing further tests on soil at Mildred Hall School and working on a clean up and remediation plan. A set of testing earlier this month confirmed coliform and e-coli soil contamination on the school grounds, following stagnant water buildup in the basement. In the meantime the public is being advised to keep away and keep their pets away from the fenced off area on Mildred Hall grounds.