While you were sleeping: Wall St drops

Thu, 12 Jan 2017

By Margreet Dietz Jan. 13 (BusinessDesk) - Wall Street fell as investors reassessed their bets on increased government spending, lower taxes and looser regulation as US President-elect Donald Trump stopped short of offering further details. On Wednesday, in his first press conference since his election victory, Trump failed to provide fresh insights into his stimulus plans. “The thing people were looking for was further context about fiscal spending plans and there wasn’t anything,” Simon Derrick, chief currency strategist at Bank of N...

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