While you were sleeping: Wall Street moves higher

Mon, 20 Nov 2017

By Margreet Dietz Nov. 21 (BusinessDesk) - Wall Street climbed amid optimism that the outlook for corporate profits and economic growth justify valuations as the Trump administration aims to move ahead on its tax reform plans. “Very near term, stocks face cross currents associated with year-end tax-related strategies as well as a potential postponement in tax reform legislation that could cause the pause in the rally to linger,” Bruce Bittles, chief investment strategist at Baird, said in a note Monday, Bloomberg reported. “But any weakn...

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