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US: Dow, Nasdaq hit record highs on Monday on tax reform hopes

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[BENGALURU] US stocks inched higher at the opening on Monday, with the Dow and the Nasdaq hitting fresh records, on rising optimism over President Donald Trump's proposed tax overhaul. The Dow Jones Industrial Average rose 7.43 points, or 0.03 per cent, to 22,781.1. The S&P 500 gained 2.06 points, or 0.08 per cent, to 2,551.39. The Nasdaq Composite added 7.26 points, or 0.11 per cent, to 6,597.44.


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