Daily Traders Edge

Wall Street ends down after more White House turmoil

August 18
16:51 2017

Wall Street ends down after more White House turmoilU.S. stocks lost ground late to end lower on Friday following a White House-focused week that raised more questions about the Trump administration’s ability to implement its pro-growth agenda. While the day’s losses were small, Friday marked the first time stocks haven’t risen the day after a more than 1 percent drop since Donald Trump was elected president on Nov. 8. The week’s losses further dented the post-election rally, which was built on Trump’s promises of tax cuts and higher infrastructure spending.

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