Market to follow Trump's mercurial comments

THE market gyrations around Donald Trump's accession to the presidency are a twist on the old stock-market adage about buying on rumours and selling on news. The Dow Jones Industrial Average had one of the strongest post-election rallies in history up until a couple of weeks ago, rising by more than 12 per cent to the cusp of the 20,000 level as traders speculated wildly about the likely economic policies that the pro-business president elect would enact. But hopes that Mr Trump would hit the ground running with a clear economic agenda have faded as the first 100 days promise to be as haphazard and improvised as his campaign.

The softness looks set to …