Stocks seen heading up on pro-growth Trump

LAST week, stocks hit new record highs as traders sloughed off President Donald Trump's political stumbles and focused on economic, earnings and merger reports.

The record run could continue this holiday-shortened week and strategists say it's likely to do so unless Mr Trump's pro-growth agenda is derailed.

Mr Trump has unnerved allies and Washington insiders by packing more scandal and abrupt high-level departures into his first five weeks on the job than former president Barack Obama managed in eight years.