in a at its lowest point quarter of a century. david is watching this carnage. david: painful. it is a painful day for investors. on $1 trillionn of market cap that will be wiped off the value of asian stocks just this morning. we do have another big asian market opening up this hour, india. it says a lot. it says a lot when the outperform or is down 1.7%. is downutperformer 1.7%. shanghai composite erasing its gains on the year. , at one point,up almost 60%. , we are down about 900 points here. taiwan is the other big market as well. we were down 8% at one point. the biggest single-day drop. last time it was this bad i do not know which won the oscar best picture in 1990. what was it? the ban on shortselling that regulators have put into place to effect took effect today. we are down 3% for the nikkei. topix just entered a tight correction a technical correction. you put those two charts together, you have the yen gaining against the dollar. quickly,markets, very the r
A second Trump White House would seek to sharply reduce the power of U.S. financial regulators, according to a review of public documents and interviews with people allied with the former president. Donald Trump would likely renew his efforts to scale back those reforms, if elected, as well as pare protections for small-scale investors and borrowers, and allow companies to raise money with less scrutiny, according to the interviews and proposals from groups positioned to influence a new conservative administration. Reuters spoke with, among others, about a dozen people who have provided advice or been consulted by Trump or his allies.
By Lawrence Delevingne and Douglas Gillison WASHINGTON (Reuters) - A second Trump White House would seek to sharply reduce the power of U.S. financial regulators, according to a review of public documents and interviews with people allied with the .
If Trump Wins, He Plans to Free Wall Street From 'Burdensome Regulations' usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.