S&P, Dow open during record highs on tax-cut optimism


(Reuters) – Wall Street non-stop aloft on Friday, with a SP and a Dow recording new highs, on expansion confidence as a Trump administration inched a step closer to implementing the tax-cut plan.

The Dow Jones Industrial Average .DJI rose 79.88 points, or 0.34 percent, to 23,242.92. The SP 500 .SPX gained 7.96 points, or 0.310683 percent, to 2,570.06. The Nasdaq Composite .IXIC combined 28.86 points, or 0.44 percent, to 6,633.93.

Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur


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