No respite for STI as sliding trend continues

WHITE House economic adviser Gary Cohn insisted in an interview this week that "I don't think a lot of the tax reform is in the stock market".

The truth of that claim about the United States' new tax cuts remains to be seen, but there certainly was not a lot of anything in the market here on Thursday.

The benchmark Straits Times Index slipped by another 12.34 points, or 0.36 per cent, to 3,382.53, in a six-day losing streak.