Stock markets in the U.S. and worldwide are poised for a gainful Wednesday trading session as traders in the U.S. are especially optimistic with a higher potential for rate cuts.

The Nova Scotia Department of Natural Resources says firefighters are back at the site of a large wildfire in the Halifax area on Wednesday morning.

About 5,400 residents in two areas of St. John's were told on Tuesday to be ready to leave their homes at a moment's notice due to wildfires.