Free Trial

Equities Firmer Post CFOs Looking To Repeal Change in R&D Tax

US STOCKS
  • Equities have firmed more sharply in the past 30 minutes. Unclear on particular driver after a particularly narrow range for much of the US session before that but follows a coordinated push from US CFOs to repeal the change in R&D tax rules mentioned above.
  • ESA now sits +0.85% on the day at 3812, coming closer to the 50-day EMA of 3828.6 as a bull cycle remains in play, as does Nasdaq at +0.8%.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.