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

Flood and wildfire preparedness activities begin across N.W.T.

Flood and wildfire preparedness planning activities are beginning across the territory. Hay River’s Local Emergency Management Organization is bringing emergency preparedness information resources, including a preparedness brochure mailed out this week to households. Jason Currie, NWT’s manager of fire operations says with snow pack water equivalencies being “well above average” this season is helping delay wildfire season.

Going for a trail walk? Some basic steps can save your life says Yellowknife Search and Rescue

“The North is a rough country to be in. If you're not prepared to go out in the bush, my advice would be stay home because if things go sideways, one bad thing multiplies and multiplies until you're in serious, serious trouble. And this is just somebody out for a dog walk,” says Tom Girrior, an instructor and volunteer search co-ordinator with Yellowknife Search and Rescue.

GNWT and City of Yellowknife advance feasibility study on hosting 2035 Canada Winter Games

The Government of the Northwest Territories and the City of Yellowknife are working to advance a feasibility study to determine if the territory should pursue a bid to host the 2035 Canada Winter Games.

Mackenzie River and the Liard River Ice Crossing closing, Aklavik Access Road closure caution issued

The Northwest Territories department of Infrastructure has issued more seasonal road closure cautions for winter roads in the last days of April. Today a 72-hour closure caution was issued for the Aklavik Access Road but officials warned the road “may close sooner with little to no notice.”

Joint venture may be in works for NICO critical mineral project says Tłı̨chǫ̨ Government

The Tłı̨chǫ̨ Government says they plan to form a joint venture with Fortune Minerals Limited towards the construction of a proposed access road for the NICO critical minerals project.The Tłı̨chǫ̨ Government and the mineral company say they are pursuing project funding through the Critical Minerals Infrastructure Fund’s clean energy and transportation infrastructure program.