Thursday, October 5, 2017

Dow ends at a record; S&P 500 posts best record streak in 20 years

U.S. stocks ended Thursday firmly in the green, adding to a series of records on the back of hopes around reforms to the tax code that could deliver a further fillip to assets perceived as risky like stocks. The Dow Jones Industrial Average closed up about 114 points, or 0.5%, at 22,775, while the S&P 500 index climbed 14 points, or 0.6%, at 2,552, posting its sixth straight record close. That marks the longest such string of all-time closing highs since the eight straight records in 1997, according to WSJ Market Data Group. The technology-laden Nasdaq Composite Index closed up about 50......(read more)
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