Gold Silver Reports (GSR) – Stocks Get Drilled Ahead of Trump’s Big Meeting With North Korea’s Kim — President Trump on Saturday declined to endorse a G-7 communique calling for a lowering of tariffs and other barriers to trade. Instead Trump did Trump, taking to Twitter to slam Canadian Prime Minister Justin Trudeau. The exchange heightens the risk on NAFTA talks, and subsequently many industrial stocks such as automakers Ford (F) and General Motors (GM) .
Read More: Trump Needs a Tough North Korea Deal, But Not Because of Iran | Bloomberg
Dow Jones Industrial Average futures fell 19 points, S&P 500 futures dropped 5 points, and Nasdaq Composite futures declined 17 points.
.@POTUS arrives in Singapore for meeting with North Korean Leader Kim Jong Un. pic.twitter.com/qj2S0mtEJ9
— Sarah Sanders (@PressSec) June 10, 2018
Here’s what is awaiting investors. Get ready.
The story of the week – and, possibly, of the summer – will take place Tuesday, June 12, when President Donald Trump is set to meet with North Korean President Kim Jong Un in Singapore. The meeting will be the first time an American president meets with a sitting North Korean leader.
Both leaders have already touched down in Singapore.
Post Updated - 11 June, 2018 10:31 AM
