You are here: Home » Reuters » News
Business Standard

Stocks bounce as earnings in focus; dollar steadies on Mnuchin

Reuters  |  NEW YORK 

By Caroline ValetkevitchNEW YORK (Reuters) - U.S. stocks rose after three straight sessions of losses as investors shifted their focus to earnings and the greenback steadied after Treasury Secretary Steven Mnuchin said dollar strength is good over long periods of time.Mnuchin, in comments to the Financial Times, also said U.S. President Donald Trump's recent remarks that the dollar is getting too strong were about the short term.Tensions over North Korea weighed on the dollar earlier. North Korea had a failed missile test launch over the weekend, adding to regional tensions that have ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, April 18 2017. 02:23 IST