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It looks increasingly likely that tax reform could be under the tree this holiday season, and investors appear to eagerly anticipate possible lower corporate rates.
Corporate news and fresh data seem a little lacking today, meaning focus could turn once again toward a policy debate underway in a certain city along the Potomac.
It’s a deal. Disney (DIS) announced Thursday it would buy assets of 21st Century Fox (FOXA) for $52.4 billion in what media experts are calling a historic Hollywood merger.
Fed worries about inflation but feels good about economic outlook; forecasts interest rates hikes to reach 3.1% by end of 2020
Drama is seriously lacking as today’s Fed decision looms, but things could get more interesting at Fed Chair Janet Yellen’s press conference afterward.
Economic reports show that inflation is ticking higher; Federal Reserve policy makers start two-day confab today with rate-hike decision expected tomorrow.
Buckle your seatbelts. The coming week is chock-full of potential news, with a Fed meeting, inflation data, and continued tax debate in Congress.
November brought a jobs bonanza, with 228,000 new positions added and really high quality ones, too. If anyone needed another sign of economic vigor, this could be it.
Trading looks muted, but items on economic calendar like jobless numbers might provide oomph; remember end-of-year portfolio rebalancing is in play too
Pressure from falling overseas markets and a lack of positive catalysts could weigh on U.S. stocks. Defensive investments like gold, the Japanese yen, and bonds rose.
The question Tuesday is whether recent pressure on info tech might continue, and how much it might be countered by strength in other parts of the market.
Stocks looked poised to leap out of the starting gate Monday as enthusiasm built about the possibility of tax cuts after the weekend’s Senate vote.
The stall last night in Republican tax reform efforts scared the market a bit and appeared to take the edge off many of the positive feelings generated Thursday.
Taxes and gasoline prices, two of those unavoidable facts of modern life, take the spotlight today as the Senate prepares for a vote on tax reform and OPEC meets.
Stock futures moved solidly higher ahead of the opening bell Wednesday as the market appeared ready to build on its gains. Yellen testifies to Congress today.
Market benchmarks tiptoe into positive territory in early going after Monday's mostly muted session. All three indices are within record-breaking territory. Again.