Here are five things you must know for Thursday, Nov. 9:
As for tax reform in the U.S., Senate Republicans are set to unveil their version on Thursday with billions in tax cuts for people and corporations, repeal of the federal deduction for state and local taxes, and a likely compression of the personal income tax brackets to four from seven, according to a report from the Associated Press.
The tax plan from the House, meanwhile, is nearing approval by the tax-writing committee after last-minute changes by Ways and Means Committee Chair Rep. Kevin Brady.
Around $250 billion in new and existing deals between U.S. and Chinese companies were touted by the president and his team as they departed from the third leg of Trump's 11-day Asia tour and celebrated the anniversary of his shock election victory last November.
Boeing Co. (BA) , General Electric Co. (GE) , Qualcomm Inc. (QCOM) , Goldman Sachs Group Inc. (GS) and Ford Motor Co. (F) were just some of the names on the list of deals and contracts linked to the Trump visit and the broader ambitions of an economic policy he began trying to coordinate with China President Xi Jinping earlier this year.
Boeing was perhaps the biggest recipient of what China's Commerce Minister Zhong Shan called a "miracle" of trade deals, agreeing to terms on the sale of 300 jets with a list value of around $37 billion to China Aviation Suppliers Holding Co. Some of the orders, however, could have been blended into past agreements, analysts said, making it difficult to judge how much the announcement will change Boeing's order book.
Boeing shares rose slightly in premarket trading on Thursday.
Here's Walmart's full plan to win the holiday season:
This story has been updated from 6:07 a.m. ET.
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