7:08 PM · 22 April 2021

BREAKING: Higher capital gains tax put pressure on indices!

Joe Biden intends to propose a nearly 2-fold increase in taxes on capital gains on profits above $ 1 million. In this case, the tax would be increased from 20% to 39.6%. Moreover, the highest income tax rate will also be raised from 37% to 39.6%. The money from these taxes would be allocated to education. The market definitely doesn't like this idea.

Wall Street slumps in response to Biden's tax plans. Source: xStation5

23 April 2026, 7:00 PM

Daily summary: Risk-off takes over 📉 US stocks plunge, while dollar and oil rebound sharply 💸

22 April 2026, 7:19 PM

Daily Summary: Unilateral Ceasefire Sufficient for Wall Street

22 April 2026, 3:13 PM

US OPEN: Wall Street Shrugs Off Iran Concerns, Eyes Tesla Results

22 April 2026, 8:12 AM

Chart of the Day 📈 S&P 500 extends gains, supported by CTA fund buying

Indices

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