18 Dec Australia shares set for subdued start after U.S. tax vote; NZ down
December 20 (Reuters) – Australian shares are set to open
lower on Wednesday, tracking stocks in the United States, which
eased after the U.S. House Of Representatives passed a
long-awaited tax reform bill.
The plan, which includes steep tax cuts for businesses and
temporary tax cuts for individuals, will now be sent to the
Senate for approval .
The local share price index futures fell 12 points
to 6064, a 7.8-point discount to the underlying S&P/ASX 200
index
lower on Wednesday, tracking stocks in the United States, which
eased after the U.S. House Of Representatives passed a
long-awaited tax reform bill.
The plan, which includes steep tax cuts for businesses and
temporary tax cuts for individuals, will now be sent to the
Senate for approval .
The local share price index futures fell 12 points
to 6064, a 7.8-point discount to the underlying S&P/ASX 200
index
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