• Wants to lower corporate tax rate to 25 from 35%
  • Proposes exmpting 95% of overseas earnings from US tax
  • Supports idea of tax holiday on repatriated profits

Not sure if this news is spurring the stock rally but they have moved higher in the last 15-20 minutes and are now up about 0.4%. EUR/USD is firming as well, now at 1.3870.