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A new healthcare bill and tax reform are at the top of the agenda for U.S. President Donald Trump and Republicans in Congress. It remains to be seen whether they can pull off either one. But in a show of determination, Senate Majority Leader Mitch McConnell (R-KY) has decided to delay the start of the Senate's August recess in an attempt to push healthcare legislation through.
Stuart Varney of FOX Business Network sat down today with Money Morning Capital Wave Strategist Shah Gilani to ask what legislative wins on these issues could mean for the stock market.
Shah also weighs in on Amazon.com Inc. (Nasdaq: AMZN) stock, which is back over $1,000 after its much-hyped Prime Day, as well as the rest of the "Fab Five" tech stocks.
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