Reported 2 days ago
Wall Street analysts are optimistic that President-elect Trump's proposed corporate tax cuts, reducing the rate from 21% to 15%, will significantly boost the S&P 500, potentially reaching 7,500 by 2026. This outlook is based on expected corporate earnings growth of over 20% and positive sentiment around his pro-market policies. Trump's tax proposals are predicted to benefit a substantial portion of S&P 500 companies, instigating a bullish trend in the stock market.
Source: YAHOO