Big Banks Have Mixed Results After Sweeping Tax Reform
Ken Leon, Global Director of Research and Industry Analyst at CFRA, explains how the new tax reform is impacting big banks. In 2018, the tax rate will decrease to about 19 percent.
For full interview [click here](https://cheddar.com/videos/big-banks-could-be-headed-for-big-gains).
Apple's 'Wonderlust' event will kick off Tuesday to showcase its newest products, including the iPhone 15 while Google is facing a federal antitrust lawsuit. Meanwhile, TikTok is rolling out ecommerce on its app.
Stocks opened lower in Tuesday's session on concerns over higher oil prices and after Monday's earnings report from Oracle that showed revenue came in weaker than expected.