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Global markets: Stocks hit new peaks, dollar gains on economic optimism

Reuters  |  NEW YORK 

By Herbert LashNEW YORK (Reuters) - Investor optimism over U.S. tax reforms and the global economy spurred Wall Street and world stock markets to fresh highs on Thursday, while the dollar gained as data pointed to solid U.S. economic growth.The Dow, S&P 500 and Nasdaq stock indexes notched record-high closes for a fourth consecutive day, as did MSCI's gauge of equity markets in 47 countries, as rosy economic data and budding signs U.S. tax reform legislation will pass cheered investors.The Republican-controlled Congress hastened the overhaul of the U.S. tax code by moving closer to agreement ...

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First Published: Fri, October 06 2017. 02:21 IST