New York — Stocks on Wall Street fell, the dollar sagged and rates on Treasury debt slipped on Wednesday after US President Donald Trump’s threat to shut down the government and nix a trade accord with Canada and Mexico raised investor angst. European equities shrugged off a PMI survey that showed eurozone manufacturing businesses had their best month of growth in six-and-a-half years in August. The upbeat survey was the latest sign of economic recovery in the single currency bloc, which could encourage the European Central Bank (ECB) to start scaling back its stimulus. Dovish comments by ECB chief Mario Draghi had little market impact though investors kept a close eye on monetary policy a day before the start of a central bank symposium in Jackson Hole, Wyoming. Trump’s comments at a rally in Phoenix on Tuesday came as lawmakers face a deadline in late September to raise the US debt ceiling or risk defaulting on debt payments. Credit ratings agency Fitch Ratings said a failure to r...
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