The daily business briefing: January 30, 2017

Uncertainty over Trump immigration policy hits stocks, Uber faces backlash for not supporting strike against Trump's refugee ban, and more

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1. Stocks dip as investors fret over impact of Trump immigration policies

Stocks dropped in Asia and Europe on Monday due to uncertainty over President Trump's ban on travel from seven predominantly Muslim nations. Germany's DAX dropped by 0.6 percent and Britain's FTSE 100 fell by 0.9 percent. U.S. markets appeared headed for a slightly lower open as Dow futures edged down by 0.2 percent and S&P futures fell by 0.3 percent. Trump's 90-day travel ban and a 120-day suspension of a refugee program raised fears of negative impacts on airlines and tech companies that depend on highly skilled foreign workers.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.