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US Futures are Slightly Higher as the Market Awaits Details on President Trump's Tax Proposal

US futures are slightly higher as the market awaits details on President Trump’s tax proposal.  President Trump is expected to discuss details of his tax reform proposal at a speech in Indianapolis later today.  A slightly hawkish speech delivered by Janet Yellen yesterday has put pressure on bond prices, causing yields to rise. In economic news, August new orders for durable goods came in above expectations, rising 1.7%, led by non-core capital goods.  European shares are higher on optimism around the proposed merger in the rail industry between Siemens and Alstom.  Asian shares closed mixed.

US Futures are Slightly Lower This Morning as Inve...
US Futures are Slightly Lower as Markets Look to B...