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Stocks, U.S. dollar sink as investors rethink 'Trump trade'

Reuters  |  NEW YORK 

By Caroline ValetkevitchNEW YORK (Reuters) - Stocks on major markets and the U.S. dollar sold off while bond yields fell on Wednesday as investors fled risky assets amid uncertainty about U.S. President Donald Trump's ability to deliver on his tax and banking reforms and infrastructure spending. Reports that Trump asked then-Federal Bureau of Investigation 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.U.S. stock market declines accelerated in afternoon trading, and major ...

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First Published: Thu, May 18 2017. 02:23 IST
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