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On Wednesday, Wall Street was set to start higher because Congress is supposed to vote on the final passage of the most ambitious tax overhaul for the last 30 years.
The S&P 500 futures rallied 0.29%, Dow futures tacked on 0.31%. At the same time tech heavy Nasdaq 100 futures acquired 0.35%.
Congress is believed to vote on the tax reform bill once again on Wednesday, right after lawmakers dared to have a Senate procedural measure violated. Donald Trump tweeted that if it’s passed, a White House news conference will be held at about 1:00 PM ET.
The tax bill would reduce corporate taxes from 35% to 21% that might encourage big businesses to spend more, thus stimulating the US economy.
Semiconductor Micron Technology Inc turned to be among the top winners in pre-market trading, soaring 6.64% after a firm first quarter earnings publication. At the same time beer maker Anheuser-Busch Inbev SA edged up 0.74%, IT firmGridsum Holding Inc tacked on 15.38%, On Track Innovations Ltd headed north 4.84%.
On Friday, British blue-chip equities went down, getting back to negative territory after American leader Donald Trump told that he was geared up towards slapping duties on some $500 billion in China’s imports, potentially boosting his administration’s…
On Friday, Asian stocks concluded the trading session generally up, underpinned by a sag in the Chinese Yuan versus the evergreen buck, although trade uncertainty kept putting pressure on global markets…
On Friday, American futures suddenly slumped after US leader threatened to slap duties on all Chinese goods…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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