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Writer's pictureTrade Magnates Team

U.S. Stocks Hit Record Levels While European Stocks Declined



Stocks, trade magnates

Trade Magnate - Stocks hit record levels in early trading session on Tuesday as investors remained bullish about a corporate tax-cut in the U.S. Negotiations on President Trump’s tax-cut plan have started after a bill was introduced in the House of Republicans last week.

The S&P 500 gained five points has risen about 15 percent in 2017, while the Dow increased 45 points and NASDAQ Composite rose four points. Investors are awaiting on Federal Reserve Current Chair Janet Yellen and Fed Vice Chair for Supervision Randal Quarles speech.

Meanwhile in Europe, stocks were down. The FTSE 100 lost 14 points, CAC 40 was down about one and half points.

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