Switzer on Saturday

Santa Trump delivering tax cuts for Xmas!

Founder and Publisher of the Switzer Super Report
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Friday Close
Change
Change %
Week Change %
Dow Jones
24,231.59
-40.76
-0.17%
2.86%
S&P 500
2,642.22
-5.36
-0.20%
1.53%
NASDAQ
6,847.59
-26.39
-0.38%
-0.60%
ASX 200
5,989.80
19.90
0.33%
0.12%
Data for week commencing 27 November, 2017

Ooh-ah! Stocks have oscillated in a 400-point range earlier in the Wall Street trading day, with bombshell Trump news hurting stocks. And then the odds of the tax cuts being passed shortened, and stock prices rebounded. Did anyone doubt Donald Trump’s importance to the market?

The Trump concerns heightened when ABC News reported that Mike Flynn would testify that he was directed to make contact with the Russians. Flynn was the former national security adviser to the President and has pleaded guilty to lying to the FBI about his post-election contacts with Russia’s ambassador to the US.

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