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

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.