You are here: Home » Reuters » News
Business Standard

Global stock indexes, dollar dip on U.S. tax reform doubts

Reuters  |  NEW YORK 

By Trevor HunnicuttNEW YORK (Reuters) - World stock markets and the U.S. dollar edged lower on Friday on signs that U.S. tax reforms could be delayed after Senate Republicans offered a plan that differed significantly from the House of Representatives' version.MSCI's global stock index, which tracks shares in 47 countries, declined 0.2 percent, slipping further from a record level. On Thursday, the global index fell 0.4 percent following 10 straight days of gains."The pause that the market is currently in is directly related to what's going on from a tax standpoint," said Jim McDonald, chief ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, November 10 2017. 21:59 IST