NewsFeeder
12-19-2017, 05:00 PM
Wall Street eases as investors look past tax revamp
U.S. stocks fell on Tuesday as excitement over the likelihood of a tax code revamp was offset by concern over its effect on years of monetary policy stimulus and the future of interest rates. The U.S. House of Representatives initially passed the tax legislation in an afternoon vote, but the bill included provisions that did not comply with Senate rules. The Senate was expected to vote this evening on a revised version of the bill, with the offending provisions removed.
https://finance.yahoo.com/news/tax-overhaul-hopes-keep-futures-124202166.html?.tsrc=rss
U.S. stocks fell on Tuesday as excitement over the likelihood of a tax code revamp was offset by concern over its effect on years of monetary policy stimulus and the future of interest rates. The U.S. House of Representatives initially passed the tax legislation in an afternoon vote, but the bill included provisions that did not comply with Senate rules. The Senate was expected to vote this evening on a revised version of the bill, with the offending provisions removed.
https://finance.yahoo.com/news/tax-overhaul-hopes-keep-futures-124202166.html?.tsrc=rss