Wall Street recoups losses after report of Bannon's exitWall Street recouped losses in early afternoon trading on Friday following a New York Times report that President Donald Trump has decided to remove chief strategist Steve Bannon. Bannon is known as an economic nationalist and an advocate of “America First” policies. A decision from White House Chief of Staff John Kelly is imminent on whether chief strategist Bannon will keep his job, news website Axios had reported earlier in the day.

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