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Wall Street up, Dow tops 24,000 as tax bill gains steam

Reuters Thursday, 30 November 2017
Wall Street up, Dow tops 24,000 as tax bill gains steamNEW YORK (Reuters) - The Dow Jones Industrial Average broke the 24,000 mark for the first time on Thursday and other Wall Street indexes rallied on increasing indications the Republican party's push for a U.S. tax overhaul may get enough support to pass.
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Source: Wochit Business - < > Embed
News video: Wall Street Rallies After McCain's Tax Reform Support

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The Dow Jones Industrial Average hit a new high in late November 2017. Rallying with other indexes on Wall Street, the Dow topped 24,000 points. But why did the markets rally? According to market analysts and investors, Senator John McCain's change of conviction regarding a tax reform bill influenced...

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