MID-DAY: North American markets slip, TSX pulls back from 16,000 reach; Nike shares tank following basketball mishap

The TSX is pulling back from hitting it’s highest point since October. The Bay Street index is down 38 points to 15,992 and across the border much of the same as the Dow slips 103 points to 25,851.

This comes despite some positive news coming from US China trade relations as reports indicate a deal could be reached soon between the two countries to end the tariff battle.

The price of crude is slipping back from it’s on rally as US oil drops to 56.81 a barrel.

The Loonie is falling to 75.83 cents US.

Nike stock is down nearly 2 per cent as the company struggles to deal with backlash over one of it’s products. The company went on the defense after an NBA hopeful fell and injured himself when his Nike shoe fell apart on the court on live television.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Alison McCreesh’s “bite-sized” comic treasury celebrates long and sweet of “short years”

Alison McCreesh’s “bite-sized” comic treasury celebrates the long and sweet whirlwind, those “short years” of raising small children. The Yellowknife artist, cartoonist and illustrator says her new book about parenting three small children is about all the moments of humour and love as well as heartbreak over the years.

Tsiigehtchic and Arctic Red River / Mackenzie River Crossing close for season

The Northwest Territories department of Infrastructure has closed the Tsiigehtchic Main Ice Crossing and the Arctic Red River / Mackenzie River (Hwy 8) Crossing for the season.

Construction continues on Fort Simpson modular duplexes

Construction is underway on two new duplexes in Fort Simpson, an important milestone in the delivery of the territory’s modular housing project.

Ont. and Alta suspects facing drug trafficking charges in Inuvik

A 21-year-old from Ont. and a 24-year-old from Alta. are facing drug trafficking charges after police executed a search at an Inuvik apartment Tuesday.

Break-up risk for Ft Liard passes and snowmelt “near complete” in Hay River Basin

According to data collected by scientists with the territory's Environment and Climate Change Department, the spring break-up of ice on the Hay River continues with water levels remaining “well below average.” As of 2 p.m. today, the data collected also showed that break-up risk has passed for the community of Fort Liard.