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Dow sinks more than 300 points on worries about higher taxes

Dow sinks more than 300 points on worries about higher taxes By Anneken Tappe, CNN Business Published Apr 23, 2021 4:12:58 AM enablePagination: false (CNN) — US stocks tumbled Thursday over investors worries about higher taxes. All three major indexes closed deep in the red. The Dow fell 0.9%, or 321 points. The broader S&P 500 and the Nasdaq Composite also fell 0.9%. Its not surprising that Wall Street doesnt like higher taxes, particularly when it comes to capital gains — the levy invest...
United States White House District Of Columbia Edward Moya Jen Psaki Michael Reinking

Buy Cruise Line Stocks? The Pros Aren't So Sure

Getty Images Cruise line stocks have been sailing higher in 2021 on expectations the major lines will hit the open waters again this year. And they earned a boost earlier this month after the U.S. Centers for Disease Control and Prevention (CDC) issued much-anticipated reopening guidelines for travel ship operators. More recently, though, some of the wind has been taken out of cruise stocks sails.  CDC guidelines have failed to provide a specific reopening date for cruise operators. Concerns t...
United States White House District Of Columbia Steven Wieczynski John Staszak James Hardiman

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