100.1 GO FM - We're Your Feel Good Pop Station

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

NWT averts orange alert sweeping its southern borders

This may be one of the few times in history that nearly everywhere south of NWT's border, cold extremes are forecast as colder or just as cold. Environment Canada has issued a cold warning for the NWT and what may be its largest orange warning to date, sweeping regions south of the territory.stretching from Saskatchewan to Ontario. A yellow cold warning is in effect for the North Slave Region including Wekweeti, Whati and Behchoko along with the Fort Resolution area to the south.

Fort McPherson RCMP seek information on wanted individual

Police in Fort McPherson are seeking information from the public on the whereabouts of a wanted individual. 

GNWT will not administer assault-style firearm buyback program

The GNWT has announced that the federal government will be taking responsibility for administering the federal Assault-Style Firearms Compensation Program in the territory, while the territorial government will focus on community safety and effective policing.  

Chair Erwin Elias wins election as new leader of Inuvialuit Regional Corporation

Newly elect Chair Erwin Elias has stepped into his new leadership role at Inuvialuit Regional Corporation after winning the election yesterday. The election was held yesterday at the Midnight Sun Complex in Inuvik. Leaders across the territory are congratulating Chair Elias on the win, including Premier R.J. Simpson who issued a statement this morning wishing the leader success in the role.

Indigenous North transforming health care ‘system’ at YK Summit

A Summit is bringing together Indigenous leaders and health leaders beyond discussions, to new grounds that some say could transform the current health care system.   The NWT Council of Leaders and representatives from the GNWT are hosting the event, titled Following the North Star: Primary Health Care Reimagined Together.