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Dow passes 24,000, giving positive lead to Singapore

Analysts say that US stocks may still rise, given the steady progress of the tax bill

Published Fri, Dec 1, 2017 · 09:50 PM

Singapore

THE Dow Jones Industrial Average closed above 24,000 for the first time on Thursday; the Standard & Poor's 500 Index also hit a fresh record, as a United States tax-reform plan moved closer to passage.

Many analysts believe there is still room for US stocks to rise if the tax bill becomes law.

It has been making steady headway in the US Congress. The Senate, seen as the …

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