U.S. stocks roar higher Tuesday, a day after the deadlines for Americans to pay what amounted to a "huge" tax bill, says Fundstrat's Tom Lee.
Investors scrambled for reasons to explain a sharp stock market surge Tuesday that saw the Dow Jones Industrial Average jump nearly 500 points as major indexes turned in their best performance in a month. A look at the calendar may offer the best explanation, argued Fundstrat co-founder Tom Lee.
The... Investors scrambled for reasons to explain a sharp stock market surge Tuesday that saw the Dow Jones Industrial Average jump nearly 500 points as major indexes turned in their best performance in a month. A look at the calendar may offer the best explanation, argued Fundstrat co-founder Tom Lee.
The note highlighted research that shows stocks have tended to suffer in the runup to “tax day,” as investors raise cash to pay Uncle Sam, often followed by a sustained bounce in years when investors face hefty tax bills .
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On Tax Day, an extension may be better than rushing a returnMonday is Tax Day, the federal deadline for individual tax filings and payments
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She’s 13, transgender and stopped swimming because of Utah’s law against athletes like her“Now the state is saying I’m not girl enough to compete,” said a 13-year-old transgender swimmer in Utah. “And that really hurts. Because I am. I am girl enough.”
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