FIRST AIRED: March 22, 2017

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COMING UP:Share Opener Variant 1

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Transcript

00:00:00
>> Global stock traders hitting the sell button Wednesday. Equities down across Europe after a 1% slide on Wall Street, the FTSE off almost as much in morning trade. Congressional deadlock over Donald Trump's health bill making traders ask what else will be delayed. Reuters Markets Editor Michael Dolan.>> Feeling in the market is that the big headline fiscal stimulus plans that Trump has promised everybody.
00:00:24
And he said only recently that a phenomenal tax reform plan was due within weeks. Doesn't look like it's happening any time soon.>> Bank and mining shares worst hit, safe havens like gold benefiting. One extra factor at play in London, though. Sterling resuming it's post-Brexit vote slide, just days before London pulls the exit trigger.
00:00:43
>> The kind of darker side of the pound's near-20% drop in that period is beginning to reflect in rising inflation, and that's hitting consumer wallets.>> Some saying the stock price correction was overdue. US equities were up over 10% since Trump's win. Now the question is whether these are passing jitters, or the start of something more serious.