Dollar jumps on Europe risks, Fed bets; stocks weaken amid tech nerves

NEW YORK (Reuters) - The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about political risks in Europe, while a drop in Apple shares added pressure to U.S. equities and tech shares.Major U.S. stock indexes dropped more than 1 percent in initial trading, weighed down by a 4.6 percent slump for index heavyweight Apple , after an iPhone part supplier cut its outlook.In Europe, fears about a no-deal Brexit and..