US stock indices opened the first session of the week mixed, with Dow Jones and S&P 500 marking fresh record highs while NASDAQ lost ground, after the US Senate passed a massive tax reform bill early Saturday.
The reforms, supported by president Donald Trump, aim at cutting corporate taxes from 35% to 20% in order to spur growth and investments.
Earlier US data showed factory orders fell 0.1% in October, beating expectations of a 0.3% decline, and compared to September 1.7% rise, revised higher from 1.4%.
As of 04:56 GMT, Standard and Poor's 500 rose 0.35%, or 9.16 points to 2,651.38, while Dow Jones muscled up 0.96%, or 232.61 points to 24,464.20.
Tech-heavy NASDAQ tumbled 0.68%, or 43.20 points to 6,804.39.