Wall Street eyes 2018 gains
The drop in the corporate tax rate in 2018, to 21% from 35%, is seen by many as the biggest factor for the stock market next year
 "Wall Street's response to the Fed's tapering plan has so far been muted as a weaker dollar spurs optimism about developing-world assets photo: reuters")
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Wall Street's response to the Fed's tapering plan has so far been muted as a weaker dollar spurs optimism about developing-world assets. Photo: Reuters
US stocks are expected to keep rising in 2018 because a massive drop in the corporate tax rate is seen boosting the economy and corporate profits, but strategists say sizable gains could either be short-lived or elusive.