U.S. STOCKSThe tax overhaul making its way through Congress could help many stocks, providing another potential lift to an 8-year-old bull market. A reduction in the corporate tax rate is expected to boost earnings growth, which many analysts consider to be the biggest driver of long-term stock gains. Goldman Sachs forecast that if Congress manages to cut the federal corporate tax rate to 25% from the current 35%, per-share earnings growth in the S&P 500 next year could rise to 15%—more than double the bank’s current...

Source: Wall Street Journal November 30, 2017 21:43 UTC