You are here: Home » Reuters » News
Business Standard

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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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