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Stocks sell off on Trump concern; dollar at November low

Reuters  |  NEW YORK 

By Caroline ValetkevitchNEW YORK (Reuters) - U.S. stocks and the dollar dropped and bond prices rallied on Wednesday as investors fled risky assets amid uncertainty about U.S. President Donald Trump's ability to deliver on tax and regulatory reform.Reports that Trump asked then-FBI Director James Comey to end a probe into the former national security adviser have raised questions over whether Trump tried to interfere with a federal investigation. All three major U.S. stock indexes were down more than 1 percent. The S&P 500 was briefly on track for its worst day since Sept. 13, but pared ...

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First Published: Wed, May 17 2017. 22:09 IST