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20.07.18, 22:58 Uhr (GMT)

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Dollar Climbs Further Against the Yen as Abe Calls General Election, Royal Mail Hit a Rough Patch

Japanese shares shed early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies.  The Dow and S&P 500 closed at record highs on Tuesday, lifted by further gains in healthcare shares and hopes for a stronger global economy.  The Dow closed at another record high of 17687 and the S&P500 closed 10 points higher  at 2051, its biggest one day move since Nov 5th.

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