Dow Jones opens at record highs after Senate tax vote
2017-12-04 17:23:32 GMT (Economies.com)
Dow Jones opens at record highs after Senate tax vote

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. 

 
 
 
  Symbol Last Change Chg.%
1.1775
0.0009
0.0735%
1.3357
-0.0025
0.1849%
15.897
0.044
0.281%
56.820
-0.505
0.881%
62.65
-0.70
1.10%
1247.865
-0.485
0.039%
 
US
 
Europe
 
Asia