By Sue Chang, MarketWatch Published April 22, 2017 Features Dow Jones Just when it looked like the stock market was drowning in a sea of worry.
Wall Street no longer believes President Trump's agenda is a slam dunk. The Dow closed down on Monday for the eighth down day in a row..
Features trump stock market flyingBut at risk of being proven a fool, let me offer a theory: Investors are waking up to the fact that they need to take Trump literally, not just seriously. But Goldman Sachs political economist Alec Phillips sees " a good chance that tax legislation becomes law " by the end of the year.
Features trump stock market journey fast
He promised "a stable transition for Americans currently enrolled in the healthcare exchanges" set up by Obamacare. That the corporate-friendly measure comes on the back of an upbeat earnings season will give the market added upside momentum. Economic data provided by Econoday. He also promised the new program would "ensure that Americans with pre-existing conditions have access to coverage.