U.S. stocks end lower, dollar sags as Trump trades ease

Traders work on the floor of the New York Stock Exchange in New YorkBy Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Wall Street stocks fell and the U.S. dollar dropped to a five-week low on Thursday after President-elect Donald Trump, in his eagerly-awaited news briefing the previous day, failed to provide details on fiscal policies that were expected to bolster the economy. Investors were hoping for commentary on the new administration's plans for fiscal stimulus and tax cuts. Instead, Trump remarked on a broad range of topics such as the Mexican wall, allegations of Russian hacking and his business interests but left out what investors wanted to hear about – fiscal spending.


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