Wall Street closed mainly lower on Monday (Jan 23) amid uncertainties over Trump’s growth policies after the President struck a protectionist tone, tradingeconomics.com reported. The U.S. dollar fell to a seven-week low of US$100.2 against a currency basket. European stocks also fell on Monday following concerns over Trump’s policies. Trump has delivered a speech in which he promised to pursue a protectionist policy but failed to offer further details on his pro-growth infrastructure spending and tax cuts plans. Meanwhile Asian stocks closed mixed yesterday as investors awaited President Donald Trump to offer further details of his promised stimulus plan.
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