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Doubts about Trump tax cuts weigh on Wall Street

Reuters 

By Noel Randewich(Reuters) - Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following duelling plans unveiled by Republican lawmakers.The S&P 500 and the Dow Jones Industrial Average ended the week lower for the first time in nine weeks.U.S. Senate Republicans released a tax plan on Thursday that differed from a version put forth by the House of Representatives on several key fronts, including putting off corporate tax cuts for a year.Expectations of lower taxes, one of President Donald Trump's ...

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First Published: Sat, November 11 2017. 02:57 IST
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