U.S. stocks fell with the dollar while Treasuries gained as the Trump administration targeted reworking America’s trade relationships as investors await further details on the new president’s plans to boost government spending. The S&P 500 Index retreated to a three-week low, while European shares fell to the lowest level of 2017. McDonald’s Corp. and Halliburton Co. declined after results disappointed. The greenback fell against all major peers after capping a fourth weekly retreat. Gold rose to the highest since November. Ten-year Treasury yields fell a second day. President Donald Trump promised a “very major” border tax,signed an executive orders to withdraw the U.S. from the Trans-Pacific Partnership trade deal and announced over the weekend he’d seek to renegotiate the North American Free Trade Agreement. View attachment upload_2017-1-24_8-49-17.jpeg
