North American markets edging higher, Boeing still sliding

North American markets are up, if only slightly, so far today.

On Bay Street the TSX is 52 points higher, sitting at 16,193. In New York the Dow Jones is up 15 points to 25,864.

Ride sharing service Lyft Inc. is planning to go public, perhaps as early as today.  The company is looking to raise $2-billion in its initial public stock offering. Lyft is aiming for a total market value of $25-billion.

Boeing is still sliding, down another 1.97 per cent so far today. Boeing shares have dropped $30-billion in five days following the Ethiopian plane crash.

At press time oil is up 50 cents to $59.02 U.S. per barrel, gold is up $2.50 to $1,305.40, and the loonie is down a shade to 74.93 cents U.S.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Some parks in territory may not have shower access over long weekend

With overnight temperatures still dipping below freezing, N.W.T. park officials announced that some parks may not have shower access, but drinking water will be accessible. The popular Fred Henne park in Yellowknife is among the parks where water access is scheduled to be restricted.

Ice break up nearly complete along the Mackenzie River

Environmental scientists with the territory’s Environment and Climate Change department reported that break-up is nearly complete along the Mackenzie River and Peel River with break up about to begin in the Beafort Delta.

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.