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Wall Street. Major U.S. stock-indexes rose
Major U.S. stock-indexes hit record highs on Friday, a day after President Donald Trump said he would release a major tax reform plan in the coming weeks. Trump's promise of a "phenomenal" tax plan helped reignite a post-election rally, which had stalled in recent weeks on concerns over his protectionist stand and the lack of clarity on his policies. The biggest theme for investors is that Trump's tax plan will move quickly and he has always maintained that it is going to be very aggressive, said Uriel Cohen, founder of Alpine Global in New York.
Most of Dow stocks in positive area (20 of 30). Top loser - Wal-Mart Stores, Inc. (WMT, -1.59%). Top gainer - NIKE, Inc. (NKE, +1.95%).
Most of S&P sectors in positive area. Top gainer - Basic Materials (+1.1%). Top loser - Conglomerates (-0.4%).
At the moment:
Dow 20195.00 +59.00 +0.29%
S&P 500 2310.00 +5.75 +0.25%
Nasdaq 100 5222.75 +10.50 +0.20%
Oil 54.00 +1.00 +1.89%
Gold 1232.90 -3.90 -0.32%
U.S. 10yr 2.42 +0.03
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