Financial Times FT.com

Stocks struggle as dollar holds steady

By Jamie Chisholm, Global Markets Commentator

Published: November 24 2009 07:28 | Last updated: November 24 2009 19:52

21:40 GMT. Global stock markets struggled to make headway on Tuesday after a sharp drop in Chinese shares and a steady dollar again raised fears the multi-month rally might be over.

Traders in Europe and the US seemed reluctant to push risky assets higher without a decisive move by the greenback, and their reticence was exacerbated by the knowledge that they could get trapped in a rapidly thinning market ahead of the Thanksgiving holiday on Thursday.

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