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Market Open: Nike Plunges on China Sales Drop, Lundin Mining Sells Michigan Assets | Dec 19

Economy, Finance, Market News, Market Summary
NEO:NKE
19 December 2025 10:10 (EST)

Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

Markets opened higher this morning as Canadian and U.S. equities rallied on easing inflation signals and strong tech momentum. The TSX is up more than 0.6%, while the Venture Index is also in positive territory. In the U.S., the Dow and Nasdaq are sharply higher, with the Nasdaq gaining over 1.5% after inflation cooled to 2.7% in November. London’s FTSE is flat as global investors weigh central bank moves and commodity trends.

Commodities are mixed: oil is rebounding after recent declines, natural gas is higher, and copper is posting strong gains. Gold is near record highs, while Bitcoin is surging more than 2%. Headlines today spotlight retail and mining, with Nike tumbling on weak China sales and Lundin Mining divesting key U.S. assets.

Market numbers

TSX: Up (+0.61%), 31,440.85

TSXV: Up (+1.03%), 942.08

DOW: Up (+0.50%), 48,189.56

NASDAQ: Up (+1.51%), 25,019.37

FTSE: Up (+0.03%), 9,840.81

In the headlines

Currencies

USD: Up (+0.12%), $0.7263

GBP: Up (+0.15%), $0.5427

EUR: Up (+0.05%), $0.6191

JPY: Up (+1.27%), ¥114.322

AUD: Up (+0.01%), $0.91067

Bitcoin: Up (+2.48%), 120,700.6 CAD

(Conversion to C$1)

Commodities

Copper: Up (+2.22%), $5.55584

Gold: Up (+0.07%), $4,335.40

WTI: Up (+1.08%), $56.690

Natural Gas: Up (+1.79%), $3.926

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