Latest Breaking News On - Sun global investments - Page 2 : comparemela.com
by Tyler Durden
Friday, Apr 23, 2021 - 08:03 AM
US equity futures rebounded Friday following Thursday s 1% selloff as investors digested a proposal for higher capital gains taxes and realized that i) it is nothing new compared to previous media reports and ii) the most likely outcome is a compromise tax rate (Goldman expects a final number no higher than 28%). Still, both the S&P 500 and Dow are on course for weekly declines, after four straight weeks of gains. At 730 a.m. ET, Dow e-minis were up 38 points, or 0.11%, S&P 500 e-minis were up 9 points, or 0.22%, and Nasdaq 100 e-minis were up 18.5 points, or 0.14%.
AustraliaJapanTokyoUnited-statesShanghaiChinaParisFrance-generalFranceUnited-kingdomWhite-houseDistrict-of-columbia4 Min Read
LONDON (Reuters) - European stocks were on track for their first weekly loss in eight and Bitcoin hit its lowest in nearly seven weeks on Friday as investors assessed the impact of a possible U.S. capital gains tax hike.
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville
President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.
ChinaGermanyJapanShanghaiUnited-statesIndiaLondonCity-ofUnited-kingdomAmericansChineseSimon-jessop