Asian stock slip as investors mull Trump tax plan - News Summed Up

Asian stock slip as investors mull Trump tax plan


Asian shares slipped Thursday as investors digested the scant details of President Donald Trump's U.S. tax overhaul, and economic and corporate reports. KEEPING SCORE: Japan's benchmark Nikkei 225 index lost 0.2 percent to 19,243.76 while South Korea's Kospi dipped 0.3 percent to 2,201.39. TRUMP ON TAX: The White House unveiled the broad outlines of Trump's tax plan while leaving out many of the details. QUOTEWORTHY: "As expected, the Trump administration rolled out the tax reform roadshow on Wednesday," said Stephen Innes, senior trader at OANDA. WALL STREET: The Standard & Poor's 500 index slipped less than 0.1 percent to 2,387.45 after briefly climbing above its record closing level earlier in the day.


Source: ABC News April 26, 2017 14:11 UTC



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