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

Behchokǫ̀ RCMP respond to reports of shots fired

RCMP in Behchokǫ̀ have responded to a report of shots being fired in the community.

GNWT breaks ground on new Territorial Wildfire Centre

The Government of the Northwest Territories broke ground in Fort Smith on the new Territorial Wildfire Centre building today, marking what they say is a new milestone in public safety investment.

Yellowknife’s aquatic centre gets official name

As of Saturday, the aquatic centre in Yellowknife will officially have a new name. After opening about one year ago, the aquatic centre has eagerly awaited naming.

NWT’s emerging leaders pass motions on health reform and environmental sustainability

Young leaders from across the territory took the places of MLAs and Ministers at a mock session this week, bringing a voice to critical issues affecting communities of the North. “Representing your community in this chamber is a great honour and one that carries responsibility. You were all selected to be here because of your dedication, leadership and commitment to your schools, families and communities," said the N.W.T. Commissioner Gerald W. Kisoun

Aklavik Access Road closes April 30, one day earlier than anticipated

The N.W.T. Department of Infrastructure has closed the Aklavik Access Road as the winter road season comes to a close. On Wednesday, the department issued a 72-hour closure caution but warned that the road “may close sooner with little to no notice.”