Even though the Federal Reserve's Federal Open Market Committee voted to hike short term interest rates in the u.s. by a quarter percent on Wednesday, 13 December 2017, the biggest news of the week, as far as the U.S. stock market was concerned, came on Friday as the congressional majority Republicans announced they had reached a compromise between the House and Senate versions of the corporate income tax cut bill, where a vote would be scheduled during the next week.
Meanwhile, we weren't kidding when we said that there wasn't much other news of note that could drive the market in the second full week of December 2017. Here are the headlines that we felt qualified as noteworthy during the week that was.
Monday, 11 December 2017
Tuesday, 12 December 2017
Wednesday, 13 December 2017