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Unease over Trump causes depression in stocks, dollar

U.S. stock futures were off by 0.5 %

Reuters  |  London 

Adding to the disappointing economic data, U.S. share futures and the dollar tumbled on Wednesday after reports said that President Donald Trump asked then-FBI Director James Comey to end a probe into Trump's into his former national security adviser. This has raised questions whether obstruction of justice charges could be laid against the president. Till now, upbeat global growth has underpinned risky assets and supported the multi-year lows in measures of market volatility. But the retreat in the dollar, which has now given up all the gains it made following ...

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First Published: Wed, May 17 2017. 17:25 IST