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Trump’s Trade Threats Are Starting to Hit Canadian Credit Market

(Bloomberg) -- The tariff throwdown between Donald Trump and Justin Trudeau has slowed Canadian corporate bond sales to a trickle over the past week as investors demand a higher premium to hold loonie debt.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architec

Wall Street selloff deepens as Trump sparks recession concerns

NEW YORK (Reuters) -Major U.S. stock indexes sank on Monday after U.S. President Donald Trump declined to predict whether his tariff policies could lead to a recession, roiling investor sentiment. The Nasdaq Composite closed down more than 4% after confirming last week that its retreat from December's record high was a correction. "They said there's going to be a period of volatility, there's going to be a rough patch here … the stock market is trying to digest that, and they're discounting that out into the future with lower valuations."