Wall St. climbs to records on tax plan optimism

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Reuters NEW YORK
Last Updated : Oct 06 2017 | 1:48 AM IST

NEW YORK (Reuters) - All three major indexes rose to record high closes again on Thursday, with optimism over a tax overhaul increasing as Congress moved closer to agreement on a budget resolution and as data added to recent signs of economic strength.

The Dow Jones Industrial Average rose 113.75 points, or 0.5 percent, to 22,775.39, the S&P 500 gained 14.33 points, or 0.56 percent, to 2,552.07 and the Nasdaq Composite added 50.73 points, or 0.78 percent, to 6,585.36.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

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First Published: Oct 06 2017 | 1:35 AM IST

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