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U.S. tax cut outlook drives stocks but dents dollar

10:13am EST - 01:50

Global stock markets hit record highs on Monday on expectations that a U.S. tax bill could soon pass, though a more cautious reading of the draft law's prospects among currency traders put the dollar under pressure.Ciara Lee reports

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Global stock markets hit record highs on Monday on expectations that a U.S. tax bill could soon pass, though a more cautious reading of the draft law's prospects among currency traders put the dollar under pressure.Ciara Lee reports

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U.S. tax cut outlook drives stocks but dents dollar

10:13am EST - 01:50