Friday, 10 February 2017

Trump tax talk lifts Wall Street to record high > NSE Tips|BSE Tips SUBSCRIBE NOW!!

Ripples Advisory Private Limited, Indore @9303093093

Wall Street's three main indexes surged to fresh record highs on Thursday after President Donald Trump said he would make a major tax announcement in a few weeks. "Lowering the overall tax burden on American business is big league," Trump said during a White House meeting with airline industry executives. He gave no indication of what the announcement might entail. 

The benchmark S&P 500 has rallied 7.9 percent since Trump's Nov. 8 election amid expectations he will usher in lower corporate taxes, but also reduce regulations and increased infrastructure spending. The rally had stagnated in recent days as investors sought details about Trump's policy agenda. Financials , which have soared since the election, were the best-performing group, up 1.4 percent after three sessions of declines, while energy shares gained 0.9 percent.

HURRY UP two days FREE TRIAL invest money make more of it click here

No comments:

Post a Comment