Wall Street opens lower amid concerns about Trump's policies

Economies.com
2017-01-17 15:22PM UTC

U.S. stock indices opened lower on Tuesday amid concerns about U.S. President-elect Trump's policies, adding to worries about Britain's exit from the European Union, which raised fears in the markets and pushed them lower.
 
Wall Street's decline comes amid worries about Trump's policies, which didn't point to his stimulus plans to boost U.S. growth, which added to markets' concerns.
 
On the other hand, U.K. Prime Minister's speech today soothed the markets about the British exit from the Union and sent the pound soaring against the dollar, but it failed to underpin Wall Street today.
 
On the other hand, the dollar skidded today against main currencies, underpinning U.S. stock and preventing a full decline.
 
Standard and Poor's 500 fell 0.35%, or 8.05 points to 2,266.59, while Dow Jones fell 0.03%, or 5.36 points to 19,880.37.
 
Tech-heavy NASDAQ shed 0.37%, or 20.77 points to 5,553.34.

American Markets News

Americas News

Markets

US stock indices gain ground as markets focus on earnings
2024-04-23 17:22PM UTC
US stock indices gained ground on Tuesday as markets focus on earnings results, especially for tech ...
Europe News

Markets

UK FTSE 100 index scales yet another record high today
2024-04-23 10:49AM UTC
Just yesterday the UK FTSE 100 index locked in the highest closing price ever, and today the index ...
Europe News

Markets

UK FTSE 100 Index closes at record highs
2024-04-22 17:29PM UTC
The UK FTSE 100 Index rallied on Monday for the fourth straight session and closed at a record high ...