Monday, 27 March 2017

US shares, Dollar pare losses after Healthcare Bill pulled

US shares pared losses to end slightly lower on Friday after Republicans pulled their bill to overhaul the US healthcare system due to a shortage of votes, dealing a blow to US President Donald Trump, while European shares fell ahead of the decision. The benchmark US S&P 500 stock index ended a touch lower after falling as much as 0.4 percent earlier before a House Republican leadership aide said the bill to dismantle Obamacare had been pulled by US House Republican leadership. Traders were on tenterhooks during most of the session as they awaited the outcome of the vote.

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