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Global Markets: Turmoil as Russia investigation reportedly moves closer to Trump

Reuters  |  NEW YORK 

By Rodrigo CamposNEW YORK (Reuters) - U.S. stocks, the dollar and Treasury yields sank on Friday after an ABC report said former national security advisor Michael Flynn was prepared to testify that Donald Trump instructed him to make contact with Russians during the presidential campaign.The moves in U.S. financial markets reverberated across assets in Europe and emerging markets. Government bond yields and stocks in the euro area tumbled following the news.Reuters has not verified the ABC News report, which cited a Flynn confidant. "The market hasn't priced in a former national security ...

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First Published: Fri, December 01 2017. 23:15 IST