Stocks and dollar slump as Trump tax bill stokes fiscal fears
Donald Trump
LONDON : Stocks fell, Treasury yields rose and the dollar came under pressure on Wednesday, as investors sold U.S. assets over growing concerns about President Donald Trump's efforts to ram through a tax-cutting bill. Oil prices also rose more than 1 per cent after CNN reported that Israel was preparing a strike on Iranian nuclear facilities, raising supply concerns out of the key Middle East producing region and bringing geopolitical worries back into focus. [O/R] Investor sentiment has been
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