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U.S. equity index futures open higher after Senate passes tax bill
U.S. equity index futures open higher after Senate passes tax bill
U.S. equity index futures open higher after Senate passes tax bill
U.S. stock futures opened higher on Sunday after the U.S. Senate approved a tax overhaul bill early Saturday.
S&P 500 e-minis EScv1 were up about 0.6 percent, Nasdaq 100 e-minis NQcv1 were also up about 0.6 percent, and Dow e-minis 1YMcv1 up more than 0.7 percent.
Saturday’s Senate vote takes Republicans and President Donald Trump a big step closer to their goal of slashing taxes for businesses.
The gains should hold since they reflect the Senate passage of the tax bill, said Nicholas Colas, co-founder of DataTrek Research.
“We’re still on a short schedule - Congress has days to reconcile House and Senate bills,” Colas said. “But markets want to believe it will happen.”
Source:- https://www.reuters.com/article/us-usa-stocks/u-s-equity-index-futures-open-higher-after-senate-passes-tax-bill-idUSKBN1DX0X5
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