| | | U.S. rate hike bets lift dollar, bond yields; stocks gain | | | NEW YORK (Reuters) - The dollar on Wednesday climbed to a one-month high against a basket of currencies, while financial stocks and Treasury yields rose after strong economic data helped boost expectations for a U.S. Federal Reserve interest rate hike in December. |
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| | | Wall St. gains on financials boost, tax hopes | | | NEW YORK (Reuters) - U.S. stocks rose on Wednesday as gains in financial shares were powered by growing expectations for a December interest rate hike and on hopes President Donald Trump's administration may be making progress on a tax plan. |
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| | | U.S. tax plan puts reflation trade back on investors' radar | | | The "reflation," or "Trumpflation," trade that drove financial markets after Donald Trump's surprise U.S. presidential election victory last November made a comeback on Wednesday as the unveiling of Trump's long-promised tax overhaul revived bets that markets would benefit from both faster economic growth and inflation. |
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| | | NAFTA negotiators make some progress, say lots of work remains | | | OTTAWA (Reuters) - The United States, Canada, and Mexico said on Tuesday they had made some progress in talks to modernize the NAFTA trade pact while acknowledging much work remained if they are to wrap the process up by the end of the year, as planned. |
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