New York, US (BBN) – Global stocks fell Wednesday in line with heavy sell-off in the US overnight.
Observers say profit-taking on the cards after post-US election run-up, stretched US valuations, reports
Doubts emerge about Trump administration’s ability to deliver pro-growth agenda.
Nikkei 225 off 2.13 per cent as safe-haven yen firms to 111 level against the dollar.
Europe lower. DAX off 0.86 per cent. Euro hovers around $1.08. FTSE 100 off 0.95 per cent.
US stock index futures lower as Wall closes down over 1 per cent overnight.
Dollar steadies near six-week lows as gradual US tightening view prevails.
Oil extends losses after API reports 4.5 million barrel rise in US crude stocks.
Safe-haven gold edges higher. US Treasury yields lower.