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Wall St. rebounds from Trump-induced sell-off; dollar rises

Reuters  |  NEW YORK 

By Saqib Iqbal AhmedNEW YORK (Reuters) - Wall Street rebounded on Thursday from its biggest sell-off in more than eight months, helped by strong U.S. economic data, but uncertainty over U.S. President Donald Trump's agenda kept an index of global equity markets near a three-week low.The U.S. dollar reversed early losses against a basket of major currencies after stronger-than-expected U.S. economic data put the focus back on a widely anticipated increase in interest rates by the Federal Reserve.Still, reports that U.S. President Donald Trump had tried to intervene in an investigation of ...

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First Published: Fri, May 19 2017. 02:39 IST