MID-DAY: Markets fall as interest in Trump/Kim meeting drops; Investors look to US Fed announcement tomorrow

Investors don’t seem to be impressed by the recent meeting between Trump and Kim.
Markets on Bay Street and Wall Street are sliding following the quick Summit between the two world leaders. Experts say the sentiment about the recent meeting is fairly flat, likely because the details of the meeting were fairly limited.

The Dow is down 21 points to 25,300 and the TSX is falling slightly to 16,250.

This comes ahead of a decision on the interest rate from the US Federal Reserve. Analysts expect policymakers to raise the rate and announce a second hike coming before the end of the year.

The price of US crude is flat at 66.58 a barrel after a slight gain this morning.

The Loonie is down slightly to 76.98 cents US.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Yellowknife Chamber of Commerce calls for investments in post-secondary education

The Yellowknife Chamber of Commerce is calling for the Government of the Northwest Territories to move forward with investments in Aurora College’s North Slave Campus.

Fort Good Hope RCMP respond to shots fired

Fort Good Hope RCMP have arrested a suspect in connection to a report of shots being fired in the community this past weekend.

Labour Day hours for Yellowknife announced

The City of Yellowknife has announced the hours for a number of City facilities and services on the Labour Day holiday.

One new fire spotted in the South Slave

One new fire has been discovered in the South Slave Region, according to the latest report by NWT Fire.

NTPC CEO and President announces retirement

The Northwest Territories Hydro Corporation and the Northwest Territories Power Corporation Board of Directors have announced that President and CEO Cory Strang will be retiring.