The Republican majorities in the House of Representatives and the Senate will finish passing a combined tax reform bill this week, which President Trump will sign, giving him a major victory before the holidays.
This will be icing on the cake for investors riding a strong stock market since Trump’s election.
From the close on Nov. 8, 2016, before Trump’s surprise election victory, through Dec. 14, 2017, the S&P 1500 index returned 27%, with dividends reinvested. Here’s how that performance has measured up against its three component indices and the Dow Jones Industrial Average DJIA, +0.02%.
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