Comment on Why HubSpot, Overstock.com, and Applied Materials Jumped Today

Why HubSpot, Overstock.com, and Applied Materials Jumped Today

Stocks posted solid gains on Wednesday, sending major benchmarks higher by as much as 1.2%. The good news came largely from bullishness regarding the release of the Trump administration's tax proposal, which would reduce the number of individual tax brackets and lower tax rates on corporations. Investors expect those measures to improve corporate profits and potentially spur greater consolidation through mergers and acquisitions.

 

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