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Wall Street tumbles as reform hopes fade with Trump crisis

Reuters 

By Sinead Carew(Reuters) - The S&P 500 and the Dow notched their biggest one-day fall since Sept. 9 as investor hopes for tax cuts and other pro-business policies faded after reports that U.S. President Donald Trump tried to interfere with a federal investigation set off alarm bells on Wall Street.Former FBI chief James Comey said in a memo that Trump had asked him to end a probe into former National Security Adviser Michael Flynn's ties with Russia, the reports said.That was only the latest worry in a tumultuous week at the White House after Trump unexpectedly fired Comey and reportedly ...

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First Published: Thu, May 18 2017. 02:25 IST
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