Update: US market continues losing streak as 'Trump slump' intensifies
Sterling climbs to seven-week high
The US market opened the week lower, with the S&P 500 dropping 0.8% in early trading, as investors went into risk-off mode in response to US President Donald Trump's failure to pass his healthcare reform bill in Congress.
Opposition from his own party forced President Trump to withdraw his healthcare reform plan, placing further doubts on whether the President can implement many of his fiscal and tax cut promises, according...
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