While you were sleeping: Tax overhaul optimism boosts Wall St

Thu, 30 Nov 2017

By Margreet Dietz Dec. 1 (BusinessDesk) - Wall Street rallied, sending the Dow and S&P 500 to record highs, amid signs that the Trump administration is moving a step closer to delivering on its tax reform promise. In 1.18pm trading in New York, the Dow Jones Industrial Average rallied 1.4 percent, while the Nasdaq Composite Index climbed 0.8 percent. In 1.03pm trading, the Standard & Poor’s 500 Index gained 1.1 percent. The Dow climbed to a record 24,327.82 while the S&P 500 touched a record 2,657.74. “The market is beginning to pr...

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