Shares rise, dollar slips as markets pare Fed rate risks

Image for article Shares rise, dollar slips as markets pare Fed rate risks
News Source : Yahoo Entertainment

News Summary

  • u.s. stocks ended down on Monday and the dollar hit a two-month low against the euro.
  • The dollar slipped as traders pushed back their expectations for the Fed's next move.
  • Uncertainty over the economic impact of the Iran war, which began in February, also weighed on stocks.
  • The Dow Jones ‌Industrial Average fell 0.51%, the S&P 500 dropped ⁠0.52% and the Nasdaq Composite was down 0.31%..
By Lawrence White LONDON, Aug 17 (Reuters) Global shares edged higher and the dollar slipped towards twomonth lows on Monday after a run of soft U.S.

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