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

Folk On The Rocks announces early bird ticket sale

Folk On The Rocks has announced that they will be holding a Flash Super Early Bird Ticket Sale for the 2027 festival.

Over $270,000 for senior’s programs in the NWT announced

The Government of Canada has announced that they will be investing over $270,000 into senior’s programs in the NWT.

10 new housing units being delivered to Fort Providence

Housing NWT has announced that 10 new one-bedroom social housing units are on their way to Fort Providence via truck.

Rent adjustment for Market Housing Program announced

Housing NWT has announced that they are adjusting the rental rates for their Market Housing Program to better reflect market conditions and the cost of delivering housing.

Shannon Barnett-Aikman appointed as Deputy Minister of Education, Culture and Employment

Northwest Territories Permier R.J. Simpson has announced the appointment of Shannon Barnett-Aikman as the Deputy Minister of Education, Culture and Employment.