Category: Trucking News

Wall Street Weekahead: State of the Union more likely to raise eyebrows than stocks

This time around, shares could suffer if Trump does not tread carefully on hot-button issues. The S&P 500 jumped 1.4 percent the day after Trump's speech last February, as an unexpectedly measured tone from the notoriously abrasive president boosted investor optimism that he would be able to deliver on pro-business campaign promises. "Nothing is going to trump tax reform," said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.


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