"Yahoo Finance" : Here's what the stock market did during Watergate — and why

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Washington turmoil unnerves stock market


Washington turmoil unnerves stock market
Investors fretted Wednesday that the latest turmoil in Washington could hinder President Donald Trump's pro-business agenda. Small-company stocks, which would stand to benefit greatly from Trumps' proposed tax cuts, fell more than the rest of the market. (AP) -- The latest on developments in financial markets (All times local):4:00 p.m.Stocks fell sharply as investors worried that the latest turmoil in Washington could hinder President Donald Trump's pro-business agenda. ___11:45 a.m.Banks are leading U.S. stock indexes sharply lower in midday trading as bond yields fall, which will mean lower interest rates on loans. The Dow Jones industrial average lost 159 points, or 0.8 percent, to 20,817.




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