US markets close higher after Trump tax announcement
Avalokita Pandey / 10 Feb 2017
The three main indexes of US surged to fresh record highs on Thursday, as the US president Donald Trump would make announcement on taxes in the next 2-3 weeks.
The three main indexes of US surged to fresh record highs on Thursday, as the US president Donald Trump would make announcement on taxes in the next 2-3 weeks.
The Dow Jones Industrial Average closed up by 118 points to a record, with Goldman Sachs contributing the most gains. The S&P 500 and Nasdaq ended gaining 0.58 points and 32.73 points respectively. Nasdaq composite also hit its fresh all time high.
The US equities have rose post the Trump victory as investors expect a corporate tax cuts, deregulation and government spending from the Trump administration.
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