Trump, stock index futures and Tax Bill
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Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.
Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.
Spencer Platt / Getty Images Stock futures ... tax and spending proposal that is expected to dramatically increase the deficit and reacted to a weaker-than-expected auction of Treasury bills.
Dow slides as Treasury yields surge above key levels. Traders eye deficit risks, stalled tax bill, and Fed signals for the next stock market move.
America faced a once-in-a-century health crisis that crashed the economy and threatened the lives of millions. Republicans and Democrats came together to pass a forceful, and expensive, emergency response that helped prevent permanent scarring to the economy.
U.S. stocks closed sharply lower on Wednesday as Treasury yields spiked on worries that U.S. government debt would swell by trillions of dollars if Congress passes President Donald Trump's proposed tax-cut bill.
US stocks made little progress on Thursday as investors assessed the House's narrow vote to approve President Trump's "big, beautiful" tax bill and what ... Meanwhile, Tesla stock has rocketed ...