Nothing is out of ordinary in markets: US regulators tell Steven Mnuchin

Chaotic five days trigger stock slump and prompts US Treasury Secretary to make hastily organised phone call to US financial regulators.

Top US financial regulators assured Treasury Secretary Steven Mnuchin during a hastily organised call Monday that they are seeing nothing out of the ordinary in markets, according to a person with knowledge of the discussion, despite a recent stock slump that many traders tied to the US government shutdown and turmoil emanating from the Trump administration.

The call with the President’s Working Group on financial markets, a move that appeared designed to calm nerves, capped a chaotic five days that started with Defense Secretary Jim Mattis announcing his resignation and culminated with Bloomberg News reporting Friday evening that