Stock Market Rallies, Heading for Weekly Gain

So, the stock market staging an impressive rally today – up almost 400 points and they're heading for a weekly gain. After plunging 20% at one point last year, the Dow has managed a 3.5% gain so far this year.

Trump's corporate tax cut, which dropped the marginal rate from 35% to 21%, is actually permanent. Unless, of course, the Democrats overturn it through new legislation. Hat tip to Wall Street Journal's James Freeman for flagging this pro-growth supply-side story and another hat tip to my great friend and Trump administration colleague Tyler Goodspeed for picking up new revisions to the economic estimates of the Trump years.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock Market Rallies to Top of DowntrendStocks face growing resistance in the wake of the October highs
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Stock Market Today: S&P 500 Eyes 9-Day Winning Streak; Disney Stock in FocusLive updates on stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
La source: WSJ - 🏆 98. / 63 Lire la suite »

A tech stock breakout is defying market bears and signals strength into year-end, analyst saysFocus longs on large-cap tech stocks, branch out beyond ‘Magnificent 7’: RenMac
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Jim Cramer's top 10 things to watch in the stock market ThursdayS&P 500 futures rose slightly in the premarket after the broad-market index extended its longest winning streak since November 2021.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stock Market News Today: Dow Opens Higher; Bitcoin Price Nears $37,000Live updates on stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
La source: WSJ - 🏆 98. / 63 Lire la suite »