New York — Key global stock markets fell on Friday as investors lowered bets that policies of US President Donald Trump would benefit economic growth, and instead favored assets considered safer such as bonds and gold. Oil futures fell, pressuring energy stocks after data showed US crude inventories rose for a seventh week, signaling oversupply despite OPEC’s efforts to rein in output. The dollar were little changed but set for a weekly decline as the Trump administration’s lack of details on tax cuts and infrastructure spending raised doubts about the chances for improved domestic growth and investments in 2017. "The market will come to realise that a lot of these pro-growth policies might get pushed to the end of this year or next year and you might have this buyer’s remorse for the market," said Aaron Clark, portfolio manager at GW&K Investment Management. The MSCI world equity index, which tracks shares in 46 nations, fell 2.49 points or 0.56%, to 444.26. It reached an all-time ...
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