Here's How Markets Are Reacting to the Trump-Comey Turmoil
- Caution reigns as U.S. stocks tumble most since March
- Dollar erases post-election gains and volatility’s been roused
Trump's FBI Crisis Deepens in Comey Memo Allegation
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The latest political turmoil in Washington has triggered a bout of risk aversion in financial markets after the extended lull of the past few weeks.
The S&P 500 Index fell the most since March, volatility surged and haven assets from gold to the yen advanced as the unrelenting pace of developments threatened to derail Trump administration policy prescriptions cheered by Wall Street.