Risk Assets Fell on Concerns that US Immigration Ban might affect Trade and Growth

With most of Asian financial markets closed, the focus stayed in the US, or more specifically on Trump’s immigration policy. Wall Street retreated further with DJIA and S&P 500 indices losing -0.61% and -0.6% respectively. Sectors such as energy, industrials, materials and financial, which had been boosted by Trump pro-growth platform, weighed on the market with losses of around 1-2%.

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Risk Assets Fell on Concerns that US Immigration Ban might affect Trade and Growth