Trump's comments roil capital markets, oil rises
Stocks on Wall Street, the dollar and Treasury debt rates all fell on Wednesday after U.S. President Donald Trump's threat to shut down the government and nix a trade accord with Canada and Mexico gave investors pause. The upbeat survey was the latest sign of economic recovery in the single currency bloc, which may lead the European Central Bank to start scaling back its stimulus program. Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut, said the willingness to shut down the government over funding for a wall on the Mexican border doesn't inspire confidence.
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