You are here: Home » Reuters » News
Business Standard

Wall Street to open lower as Trump turmoil spooks investors


By Yashaswini SwamynathanREUTERS - U.S. stocks were set to open lower on Wednesday after reports of a leaked memo by former FBI chief James Comey caused alarm on Capitol Hill, raising questions about whether President Donald Trump tried to interfere with a federal investigation.Trump asked Comey to end a probe into former national security adviser Michael Flynn's ties with Russia, according to the reports.The latest development could distract Trump from pursuing his proposed policies such as tax cuts and simpler bank regulations, which have underpinned a record-setting rally on Wall ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, May 17 2017. 18:28 IST