Trump Tweets Hurt Stocks, Dollar Gains

(Reuters) Key world equity markets fell on Monday as U.S. President Donald Trump’s accusations that he was wiretapped by his predecessor dimmed U.S. tax reform plans, while the dollar rose on improved chances an anti-EU candidate will become France’s president.

Trump offered no evidence when he alleged, in a series of tweets on Saturday, that President Barack Obama had wiretapped him. That, combined with rising scrutiny of his campaign’s ties to Russia, put a damper on investor enthusiasm for stocks.

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