Wednesday, May 17, 2017

Wall Street Plummets As US Political Uncertainty Grows

Stock markets in the US have seen their worst falls for months amid the continuing political turmoil surrounding President Donald Trump.

The major indexes saw sustained rallies after Mr. Trump's election, with investors hoping he would bring in tax reform and lighten Wall Street regulations.

But the row over the firing of FBI Director James Comey has seen the dollar erase most of the gains it made since November's election, and our New York correspondent Lorna Shaddick says there's a new mood of investor pessimism.

IN: That wave of...
OUT: ...climb since September
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POT: 44, 59 seconds

http://www.fsnradionews.com/feeds/0517Markets-ls.mp3