US: Wall St hits records on tax bill hopes, M&A flurry
[NEW YORK] Wall Street's three main indexes opened at record highs on Monday as the long-awaited tax overhaul plan looked set for legislation and a flurry of year-end corporate dealmaking that has topped US$11 billion so far buoyed optimism.
The Dow Jones Industrial Average rose 134.06 points, or 0.54 per cent, to 24,785.8. The S&P 500 gained 13.17 points, or 0.492187 per cent, to 2,688.98. The Nasdaq Composite added 43.83 points, or 0.63 per cent, to 6,980.41.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce
Singapore shares open in the red on Tuesday; STI down 0.3%