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KQED Nightly Business Report November 16, 2017

Creeping back into this market lately, as attention remains squarely on the potential for tax reform, on lower oil prices, and on the health of the economy. When all was said and done, the dow jones industri dropd another 138 points, closed at 23,271, its lowest level in three weeks, by the way. The nasdaq was off by 31. And the s p 500 fell 14, but it does still remain just 1 from its most recent high. And tax reform is indeed a big deal for the markets and investors. This afternoon senator johnson became the first republican to say that he will vote against the Senate Tax Plan because he thinks it unfairly benefits corporations more than other types of businesses. The senate can lose only two votes and still pass the proposal. But as ylan mui reports, there are a lot of changes being made, including one that could make your tax cut tempo. Reporter the senate adding two bombshells to its tax plan. Getting rid of the individual mandate for health care, and making the tax cuts for house

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