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Markets

Wall St opens higher on Senate tax bill approval

Published December 4, 2017 Updated December 4, 2017 05:24pm
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By Fawad MaqsoodReuters
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NEW YORK: Wall Street's main indexes surged at the opening on Monday after the US Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trump's promise of cutting corporate taxes to spur growth.

The Dow Jones Industrial Average rose 230.8 points, or 0.95 percent, to 24,462.39. The S&P 500 gained 18.46 points, or 0.698655 percent, to 2,660.68. The Nasdaq Composite added 49.14 points, or 0.72 percent, to 6,896.73.

Copyright Reuters, 2017
 

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