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Global stocks choppy on US tax reform doubts, sterling falls

Reuters  |  NEW YORK 

By Sinead CarewNEW YORK (Reuters) - World stock markets were down on Monday amid uncertainty over the fate of U.S. tax reform efforts, while Britain's pound fell on growing concerns about the future of Prime Minister Theresa May. U.S. stock indexes made little ground, with some investors seeking bargains after a few days of losses while others were put off by a dividend cut from heavyweight General Electric .Investors were waiting for any signs of compromise on U.S. tax policy after U.S. Senate Republicans on Thursday unveiled a plan that would cut corporate taxes a year later than a rival ...

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First Published: Tue, November 14 2017. 01:14 IST