All three major indexes closed deep in the red. The Dow fell 0.9%, or 321 points. The broader S&P 500 and the Nasdaq Composite also fell 0.9%.It's not surprising that Wall Street doesn't like higher taxes, particularly when it comes to capital gains — the levy investors pay on realized profits after selling a stock, for example.The Biden administration wants to raise taxes on the wealthy to pay for the pandemic recovery.
To be fair to the worried investors, the proposed rates look very different from the current ones, with a top federal capital gains tax of only 20%. Individuals earning $200,000 a year and married couples making $250,000 a year also pay an additional 3.8% tax on their capital gains to help fund Obamacare.Wall Street is not impressed and the shock from these numbers is hard for investors to shake off, said Edward Moya, senior market analyst at Oanda, in a note to clients.
It's a sale on the market rn. As it continues to slide, establish better positions now.
Call Donald. He can help.
tihuachang It's a buying opportunity!!!
who cares 🙄
Not concerned about the stock buy back companies. They will be just fine and the Market will continue to grow. It’s like a toddler throwing a tantrum.
Fucking Biden making me lose a shit load of money, mother fucker
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
European stocks and U.S. equity futures mixed after records, with commodity stocks in the leadThe week was kicking off with gains for the Stoxx Europe 600, which was aiming at a fresh record, though slightly more cautious. U.S. futures were mixed,...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
Australian Stocks Set First Record High Since Pandemic BeganAustralia’s recovery from the coronavirus pandemic has passed another milestone with its benchmark share index closing at a record high, its first in 15 months.
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »
Stocks making the biggest moves premarket: Marriott, Coty, BioNTech, Tyson Foods & moreThese are the stocks posting the largest moves before the bell.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Cramer to Robinhood traders: These are the economic recovery stocks to knowNew for subscribers: Cramer to Robinhood traders: These are the economic recovery stocks to know. Check out CNBCPro today.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
20 cybersecurity stocks Wall Street believes can rise up to 79% over the next yearThe ransomware attack on Colonial Pipeline Co. highlights an obvious area for growth in the technology sector. WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders! Hedge Funds are selling in preparation to StockMarket crash!
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
These cybersecurity stocks could benefit from the Colonial pipeline attack, says GoldmanThe news did not seem to boost cybersecurity as a whole on Monday, but Goldman said the event could help accelerate the long-term growth for the companies. Pro Nah SAFEMOON SAFEMOONARMY IS THE WAY Pro , this is why people no longer trust you:
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »