You are here: Home » Reuters » News
Business Standard

Global Markets - Trump storm strikes stocks again, dollar steadies

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - Swirling uncertainty over U.S. President Donald Trump's political future saw world stocks extend their steepest fall in over six months on Thursday, though there were signs of stabilisation elsewhere as the dollar and gold steadied.Reports that Trump had tried to intervene in an investigation into alleged Russian interference in last year's U.S. election and that his aides had numerous undisclosed contacts with Russian officials kept market tensions high. Europe's bourses dropped between 0.8 and 1.3 percent as the selling pressure built again and Wall Street ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, May 18 2017. 18:05 IST