Nice going Bob (Mueller)! The market takes a hit over your Russian Probe movement, don’t ya know you’re too close the case so people’s investment portfolios can keep growing? Now if there’s a crash people are gonna point at you – PB/TK
U.S. Stocks Fall, Bonds Gain on Russia Probe News: Markets Wrap – By Jeremy Herron / Aug 3 2017
U.S. stocks fell, the dollar weakened versus the yen and Treasuries rose after the Wall Street Journal reported Special Counsel Robert Mueller was said to have impaneled a grand jury in the ongoing Russia probe.
The WSJ report a half hour before the close in New York sent the S&P 500 Index to its lows for the session before the measure reclaimed some ground to finish down 0.3 percent. The Dow Jones Industrial Average eked out a fresh record. Ten-year Treasury yields slumped and the yen strengthened. Crude fell below $49 a barrel, while gold slipped.
News that Mueller, who is probing Russia’s interference in 2016 U.S. elections as well as possible collusion with Trump campaign, has impaneled a grand jury, briefly rattled markets that have recently shown little reaction to persistent signs of turmoil in Washington. Stocks had traded little changed for most of the session with corporate earnings in focus before Friday’s jobs report.
Continue to Bloomberg.com article: https://www.bloomberg.com/news/articles/2017-08-02/asia-stocks-to-start-mixed-as-stellar-run-assessed-markets-wrap
[pro_ad_display_adzone id="404"]
