23-01-2017 17:59 via news.yahoo.com

Dollar, stocks slide on Trump's protectionist stance

By Saqib Iqbal Ahmed NEW YORK (Reuters) - The U.S. dollar fell to a seven-week low against a basket of key world currencies on Monday and global stock markets declined amid investor concerns over protectionist rhetoric by U.S. President Donald Trump. U.S. Treasury yields dipped and gold rallied as demand for safe-haven assets was boosted by Trump's stance on trade. On Monday, Trump told U.S. manufacturing executives he would impose a hefty border tax on firms that import products into the United
Read more »