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

Hay River break-up near complete, Peel and Arctic Red River “progressing quickly”

Scientists with the territorial department of Environment and Climate Change said that break-up is “near complete” for the Hay River. Data from the latest report also showed break-up has progressed quickly along the Peel River and the Arctic Red River.

A Hands-on Fortune Teller table, a Teddy Bear Hospital – YK’s Tradeshow has it all

From makers and artisans to community groups, more than 150 vendors and counting are making their way to the Yellowknife Tradeshow this weekend. This year’s show includes a host of activities for youth, from the Aga Khan’s interactive fortune teller table to Aurora College’s kid crowd pleasing Teddy Bear hospital.

Yellowknife RCMP warn of ongoing police operation on 57th street

Yellowknife RCMP is warning the public about an ongoing police operation taking place on 57th street in Yellowknife.

Latest report shows water levels rising but remain below average in Hay River

The latest spring break up report for Hay River shows that ice has started to push in at the N.W.T. / Atla. border and ice movement has begun near the town of Hay River. 

Yellowknife’s Food Truck Lottery returns May 22

With warmer weather hitting Yellowknife that means food truck season is getting into gear. And for food truck vendors it all begins with the Food Truck Lottery, which sets the order for vendors to be able to choose preferred parking locations.