Global stocks edge higher as dollar slips; Trump’s $100K H-1B visa fee jolts tech and Indian IT

MSCI’s global stock index was edging higher and the dollar fell along with Treasury yields as investors digested US President Donald Trump’s latest visa restrictions and waited for economic data and commentary from Federal Reserve officials.

Trump said on Friday that US companies would need to pay $100,000 for new H-1B worker visas, a potential blow for the dominant US tech sector.