Market News and Commentary May 16

As Italy Seeks to Form a Government, Leaked Documents Stir Anxiety. Justice Department and F.B.I. are investigating Cambridge Analytica. Market volatility spurs ETF outflows. Qatari investor confirms he was at Trump Tower meetings. Japan economy shrinks after two years of growth, dealing a blow to prime Minister Shinzo Abe. EU chief on Trump: “With friends like that, who needs enemies?”

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