Global stocks, dollar jump as House advances Trump's tax cut plans

Quick Summary:

The Republican-controlled US House of Representatives late on Tuesday narrowly passed Trump's $4.

The dollar index, which measures the currency against six other majors, was up 0.3 per cent.

Meanwhile, US copper prices surged more than 3.5 per cent after Trump on Tuesday ordered a probe into potential new tariffs on imports of the metal.

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Article Details

Category: BusinessFinance

Markets: IndiaChileChinaUkraine

Topics: Trump tax cut plans Dollar value US House Republicans Global shares

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 23:15:23 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 784 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26463211

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 235 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #49

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