Market Wrap Flags EU Concern Over US Tax Plans
Dow and Nasdaq indices climbed while EU officials warned that US tax reform could harm trans Atlantic trade. The EU Commission criticized a Dutch tax ruling system linked to Ikea and Margrethe Vestager urged equal tax treatment. France sued Amazon over unfair supplier practices, seeking a 10 million euro penalty. The Associated Press.
MENTIONED IN THIS ARTICLE
European Union
United States
U.S
Germany
France
Man Margaritis Schinas
Ikea
Netherlands
European Commission
Margrethe Vestager
Bruno le Maire
Amazon
Dgccrf
le Maire
Malls add experiences to lure shoppers this holiday season
Los Angeles retail trend shows malls investing billions to add dining, entertainment, fitness and living spaces. non retail tenants rise as department stores shutter nationwide. Westfield Century City leads with a $1 billion makeover including Eataly, a 15 screen theater and new dining plaza drawing thousands daily.
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Los Angeles
Macy’s
Sears
Stephen Lebovitz
CBL Properties
CBL
Gymboree
Payless ShoeSource
the Limited
Cool Springs Galleria
Nashville
CBS
Lebovitz
U.S
JLL
James Cook
Westfield
Century City
Fitz & the Tantrums
DNCE
Eataly
Richard Vogel
THE
Associated Press
Tax cuts optimism lifts stocks to new highs
U S equities rose as investors bet on Republicans passing the tax plan this week. Tech banks and retailers led gains with expectations of lower taxes boosting profits about four percent. Deal news included Campbell Soup buying Snyder's Lance for 4.87 billion and Hershey acquiring Amplify Snack Brands for 1.2 billion. S&P 500 up 0.5 percent to 2690.16 Dow climbs 0.6 percent to 24792.20 Nasdaq nears 7000 at 6994.76 Russell 2000 up 1.2 percent to 1548.92.
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New York
U.S
Jason Pride
Glenmede
Deal News
Campbell Soup
Snyder’s Lance
Hershey
Standard & Poor
S&p
Argent
Australia
Britain
Canada
Ae Fed
Chile
China
Dominican Rep
Hong Kong
India
Israel
Japan
Mexico
DOW Trans
Russia
Nyse Nasd
DOW Util
NYSE
Sear
Korea
Wilshire
Russell
Orien
Ena
Nis
Cisco
Nalte Na Gan Chase & Co
State Street Corp
Suntrust
Johnson & Jo
Eaines
Wien
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Dow
Nasdaq
Commodities Review
Snack Brands Inc
Seee Inc
Brussels
Paris
Money & Markets
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