Stocks Fall, Dollar Sinks as Politics Take a Toll: Markets Wrap
- Trump probe said to expand, Spicer resigns as press secretary
- Oil tanks on rising OPEC supply; European equities slide
TD Securities Says Markets Priced Out Trump Reflation
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U.S. stocks sank Friday and the euro climbed to its highest level against the dollar since January 2015 as investors assessed an investigation into U.S. President Donald Trump that may stall his economic agenda. European shares fell as the common currency’s rally weighed on carmakers and other exporters. Oil slumped after reports that OPEC supply increased this month.