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US market rally stalls despite passage of tax reform

Michelle Teo
Michelle Teo • 7 min read
US market rally stalls despite passage of tax reform
(Dec 25): Tax cuts amounting to US$1.5 trillion ($2 trillion) are close to being signed into law in the US, following Congress and Senate approvals on Dec 20. President Donald Trump says the bill, which reduces the corporate tax rate to 21% from 35% previ
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