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Wall Street opens higher on Senate tax bill approval


(Reuters) - Wall Street's main indexes surged at the opening on Monday after the U.S. 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. (Reporting by Rama Venkat Raman in Bengaluru; Editing by Arun Koyyur)(This story has not been edited by Business Standard staff and is ...

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First Published: Mon, December 04 2017. 20:05 IST