Markets News Stocks 

Stocks slip as investors eye tax reform, digest latest economic data

“U.S. stocks were slightly lower Thursday afternoon, as investors digested the latest economic data and the press for tax reform” reports foxbusiness.com. Marc Rubio is reportedly a “no” vote on tax reform, unless the bill expands the childcare tax credit.According to the Commerce Department, November retail sales increased by 5.8% year-over-year, and 0.8% versus the prior month.Economic data released today included retail sales, which provided yet another piece of evidence supporting a strong U.S. economy.Meanwhile, market participants were still eyeing the progress of passing tax reform.
 
Source: foxbusiness.com



Share This:

Related posts