Wall Street retreats amid renewed concerns about Trump's policies

U.S. stock indices fell on Thursday amid renewed concerns about U.S. president Trump's policies and the tensions growing between the U.S. and other global powers, and after the Federal Reserve delayed hiking interest rates despite the improving economic conditions.
 
Investors are now concerned about the negative aspects of Trump's policies and his isolationist stance, after banning visitors from seven countries, while ordering the construction of a wall on the Mexican border.
 
On the other hand, the Fed pointed yesterday to the strength of the employment sector and the gains in inflation, but expressed the need for more time and data assurances before increasing interest rates anew.
 
On the other hand, the dollar skidded to a three-month trough against a basket of currencies, underpinning commodities, specially gold and crude prices, with investors moving to the commodity market away from Wall Street.
 
Standard and Poor's 500 shed 0.25%, or 5.67 points to 2,273.88, while Dow Jones fell 0.14%, or 27.55 points to 19,863.39.
 
Tech-heavy NASDAQ inched down 0.01%, or 0.66 points to 5,641.99.