Blackrock Municipal Income Trust shares fall 2.99% premarket after US extends deadline for New York's congestion pricing program.

Blackrock Municipal Income Trust fell 2.99% in premarket trading. The U.S. Transportation Department's decision to extend the deadline for New York to end Manhattan's congestion pricing program, which was introduced in January, may have contributed to the decline. The extension, along with the warning from Transportation Secretary Sean Duffy about continued noncompliance, could have negatively impacted investor sentiment towards the stock.