Wall Street’s renewed optimism that Trump tax reforms are coming soon faded quickly as investors remained cautious ahead of a presidential election in France this weekend.
Here are some of the other stories the Yahoo Finance team is covering today.
Talk of Trump tax reform cheers investors
Treasury Secretary Steve Mnuchin said the Trump administration will unveil a plan for major tax reform “very soon.” Mnuchin also said he hopes passing tax reform won’t take until the end of this year. But are investors overreacting to something that won’t easily be moved through Congress?
Trump, cows and Canada
The latest target of Trump’s harsh rhetoric on trade is Canada. Trump said yesterday, “What they’ve done to our dairy farm workers is a disgrace.” But is this just more tough talk?
Elon Musk wants to link computers to brains
Tesla CEO (TSLA) Elon Musk want to link human brains to computers. Musk revealed in an interview that his new company Neuralink will use tiny devices he calls “neural laces” to help people with brain injuries and ultimately create a new language of “consensual telepathy,” whatever that means.