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.%
1.1748
0.0117
1.0051%
1.3079
0.0010
0.0727%
14.296
0.229
1.624%
70.832
1.845
2.674%
78.76
0.06
0.08%
1199.070
5.295
0.444%
 
 
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Europe
 
Asia