Investing.com - U.S. stocks were sharply lower Wednesday as Trump became embroiled in another political scandal.
The DJI was off 1.13% at 10:15 ET. The S&P 500 shed 0.97%.
The tech-heavy Nasdaq composite gave up 1.15%.
Trump allegedly asked the FBI to halt a probe into former national security adviser's ties with Russia.
That pushed the dollar index down to to six-month lows below 98.
There are concerns the latest incident could disrupt the Trump administration's economic agenda.
Oil extended gains as the EIA reported a fall of 1.753 mn barrels in crude inventories.
Banks were lower as U.S. Treasury yields retreated on the Trump imbroglio.
(NYSE:Target) was up 3.80% at $56.60 as the retailer's first-quarter earnings beat estimates.