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July 31, 2018

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Worries about delays to Trump tax cuts hit Wall Street

March 21, 2017

Reuters ------- Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness increasing ahead of a key healthcare vote. The S&P 500 and Dow Jones Industrial Average were on track for their worst one-day percentage drops since Trump's election victory in November. The S&P financial index dropped 2.43 percent and was on track for the biggest daily fall since June. That added to losses in the sector since the Federal Reserve last week raised interest rates by 25 basis points and signaled it would remain on a gradual pace of hikes, a less aggressive stance than some investors expected. To learn more click on the picture below to read the article.

 

 

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