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Daily Market MoversThe following news stories, economic reports, and statistical tables are selected and compiled by founder John F. Gallwas, who has been an active participant in the financial service industry since January of 1958.
WednesdayWS: President Donald Trump called for deep reductions in business tax rates and major changes to the individual tax system in a bid to reinvigorate his economic and legislative agenda as he nears the 100-day mark of his presidency.
R: World stocks hit a record high after strong earnings and the prospect of tax cuts for corporate America pushed U.S. shares to stratospheric levels and the euro held on to recent gains as political concerns in France ebbed.
TuesdayBB: Home prices in 20 U.S. cities accelerated in the year through February by +5.9%, while nationwide property values also picked up, according to S&P-Case-Shiller.
Gallup: Gallup's U.S. Economic Confidence Index remained positive last week at +7. The latest score is somewhat lower than those in late January and early March.
BB: The U.S. and North Korea both showed off their military prowess on Tuesday as nations in the region stepped up diplomatic talks to defuse a brewing crisis over Kim Jong Un’s nuclear program.
MondayWS: European stocks and the euro jumped as results from the first round of French presidential elections eased investors' concerns about the future of the eurozone.
Gallup: Sixty-one percent of Americans expect the average price of homes in their area to increase, up from 55% a year ago and the highest since 2005.
Economic Reports for the Week ending Friday April 28, 2017
Last Week's Scorecard
* Local currencies
We do not guarantee accuracy of any of the data on this page. If you have any comments or suggestions, please contact William Gallwas or call 800-669-8838
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