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Global stocks weighed by doubts on U.S. tax reform, sterling falls

Reuters  |  NEW YORK 

By Sinead CarewNEW YORK (Reuters) - Stocks notched a small gain in choppy trade on Monday amid uncertainty over the fate of U.S. tax reform efforts, while Britain's pound fell as investors worried if Theresa May can remain Prime Minister and get a good European Union exit deal. U.S. stock indexes made little ground. Some investors sought bargains after a few days of losses while others were put off by a dividend cut and weak financial forecasts at heavyweight General Electric which plans to radically shrink to focus on aviation, power and healthcare.Investors were waiting for any signs of ...

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First Published: Tue, November 14 2017. 03:41 IST