Investors buoyed by Trump's readiness to move on from Obamacare


  • World
  • Saturday, 25 Mar 2017

FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly/File Photo

(Reuters) - Wall Street's predilection for a glass-half-full view of President Donald Trump was on full display Friday as investors backed off fears that a failure to repeal Obamacare would endanger Trump's entire agenda in favour of optimism that he would simply get on with tax cuts and infrastructure spending.

As the clock ticked down to a close vote in the House of Representatives set tentatively for Friday afternoon, U.S. stocks were little changed even as it appeared that the Republican leadership had yet to secure the support needed to pass the measure. [.N]

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