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  • Tax reform in focus — What you need to know on Friday
    Yahoo Finance2 days ago

    Tax reform in focus — What you need to know on Friday

    Tax reform will be top of mind for investors as the economic and earnings schedule is quiet into the end of the week.

  • E-mini Dow Jones Industrial Average (YM) Futures Analysis – Dow Posts Solid Gains on Optimism Over Tax Reform
    FX Empire5 hours ago

    E-mini Dow Jones Industrial Average (YM) Futures Analysis – Dow Posts Solid Gains on Optimism Over Tax Reform

    March E-mini Dow Jones Industrial Average futures posted a solid gain on Friday as investors shrugged off early concerns about tax reform only to be rewarded later in the session with news that the long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass. The intraday surge in the Dow was fueled when Senators Marco Rubio and Bob Corker, who had criticized the proposal, signaled support for the bill in the late afternoon. The E-mini Dow poked through the previous closing price reversal top at 24703, reaching a high of 24708, but the rally stalled there with most of the speculative money moving into the NASDAQ Composite which posted a 1.40% gain.

  • The Wall Street Journal13 hours ago

    U.S. Stocks Climb as Hopes Grow for Passage of Tax Overhaul

    The Dow Jones Industrial Average climbed to a fresh high Friday as investors bet that a tax-overhaul plan before Congress will pass, likely boosting profits for many U.S. companies.

  • Barrons.com15 hours ago

    [$$] Cutting Taxes and Raising Rates

    Thank goodness for tax reform. While Americans are divided about the impact of tax reform, as they are about most things these days, other countries aren’t so conflicted. Most notably, China worries about the effect of the U.S. slashing its corporate tax rate from a statutory 35% currently to 21%, which reportedly was agreed to by House-Senate conferees.

  • Barrons.com17 hours ago

    The Quick…And the Left Behind: Dow Gains 140 Points as Tax Reform Might Really Happen

    Stocks finished the week at all-time highs as the Republicans in Congress inched closer to passing their tax reform bill. The Nasdaq Composite climbed 1.4% this week after jumped 1.2% to 6936.58 today.

  • Top 5 Things That Moved Markets This Past Week
    Investing.com18 hours ago

    Top 5 Things That Moved Markets This Past Week

    Investing.com – Take a peek at the top 5 things that rocked U.S. markets this week.

  • What Happened in the Stock Market Today
    Motley Fool19 hours ago

    What Happened in the Stock Market Today

    On a day the major benchmarks set records, Costco reported solid earnings, and shares of Oracle fell following weak guidance.

  • Reuters19 hours ago

    GLOBAL MARKETS-Global shares rise; U.S. yield curve hits flattest in decade

    Shares gained worldwide on Friday and Wall Street notched closing record highs on U.S. tax legislation optimism, while the U.S. yield curve turned its flattest in a decade after the Federal Reserve hiked interest rates this week. MSCI's gauge of stocks across the globe gained 0.31 percent after a week of central bank meetings that saw the Fed raise U.S. rates yet leave its rate outlook for the coming years unchanged.

  • This Was the Kind of Week Morgan Stanley Sees Going Away in 2018
    Bloomberg19 hours ago

    This Was the Kind of Week Morgan Stanley Sees Going Away in 2018

    When historians look back on the 2017 stock market, it will be weeks like this that they remember. Three up days, two down, volatility nowhere in sight, and a wire-to-wire gain of less than 1 percent.

  • MarketWatch20 hours ago

    Stock market logs another round of records on tax-cut optimism

    All three main U.S. stock-market benchmarks close at fresh records on Friday and book weekly gains, as investors grow optimistic about the progress of the Republican-led tax cut bill.

  • Reuters20 hours ago

    US STOCKS-Wall St closes at records with tax overhaul in sight

    Republican Senator Bob Corker joined Senator Marco Rubio in signaling support in the late afternoon. Rubio had criticized the initial proposal, saying it did not give enough tax relief to working families, while Corker, had expressed concerned about the bill's impact on the federal deficit. The bill is expected to drop corporate tax rates to 21 percent from 35 percent and some investors are betting that companies will put most of the savings toward a boost in shareholder payouts.

  • TheStreet.com20 hours ago

    Dow, S&P 500 and Nasdaq Jump to Records as GOP Hammers Out Tax Bill

    The Dow, S&P 500 and Nasdaq all finished the week with gains.

  • Reuters20 hours ago

    US STOCKS SNAPSHOT-Wall Street jumps to highs on tax-cut hopes

    Wall Street's three major indexes tallied record closing highs on Friday with broad gains across sectors as a long-awaited tax bill that would cut corporate tax rates looked like it would win enough support ...