In addition to sustained earnings strength, the stock market overall has avoided major shocks from overseas of late. The S&P 500 rose 14.46 points, or 0.6%, to 2,388.61; its record high of 2,395.96 also was set March 1. The Nasdaq index so far this year has surged nearly 12%, outperforming the 6.2% gain of the blue-chip Dow Jones industrial average and the 6.7% advance of the broader Standard & Poor's 500 composite index. The euro rose to $1.0939 from $1.058 late Monday, and global stock markets also advanced. Apple, Facebook, Alphabet and Microsoft Corp. are among the tech stocks showing strong performances.
referring to
Just when it looked like the stock market was drowning in a sea of worry, President Donald Trump has thrown it a lifeline. As a result, hints that the president is committed to delivering on tax reform and deregulation have been helping to offset worries about soft economic data, most notably tepid auto and retail sales. Trump on Friday said he will reveal a "massive" tax package that will deliver cuts "bigger I believe than any tax cut ever."The president plans to unveil the details on Wednesday, as he reiterated in a Saturday tweet:Big TAX REFORM AND TAX REDUCTION will be announced next Wednesday. $SPX — Dow (@mark_dow) April 25, 2017...and how bulls might end up disappointed:Market is setting up for a sell the news event tomorrow if the general tax reform plan Trump promotes falls on skepticism & discord. "Trump is a master salesman and tomorrow will be about how well he sells his plans," she wrote.
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collected by :Jack Luxor
referring to
Just when it looked like the stock market was drowning in a sea of worry, President Donald Trump has thrown it a lifeline. As a result, hints that the president is committed to delivering on tax reform and deregulation have been helping to offset worries about soft economic data, most notably tepid auto and retail sales. Trump on Friday said he will reveal a "massive" tax package that will deliver cuts "bigger I believe than any tax cut ever."The president plans to unveil the details on Wednesday, as he reiterated in a Saturday tweet:Big TAX REFORM AND TAX REDUCTION will be announced next Wednesday. $SPX — Dow (@mark_dow) April 25, 2017...and how bulls might end up disappointed:Market is setting up for a sell the news event tomorrow if the general tax reform plan Trump promotes falls on skepticism & discord. "Trump is a master salesman and tomorrow will be about how well he sells his plans," she wrote.
read more visit us Markets
collected by :Jack Luxor
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