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Wall Street set to open higher as Trump slump eases


By Yashaswini SwamynathanREUTERS - U.S. stocks looked set to open higher on Friday as a sense of calm prevailed over Wall Street in a week that was dominated by political uncertainty surrounding Donald Trump's presidency. Still, the indexes are on track for their worst weekly declines since mid-April after Trump unexpectedly fired FBI Director James Comey. Reports later alleged Trump had asked Comey to end an investigation into former National Security Advisor Michael Flynn's ties with Russia. Investors fear that the political uproar in Washington could hinder Trump from pursuing his promise ...

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First Published: Fri, May 19 2017. 18:18 IST