Major U.S. stock-indexes hit records on its fifth day on Wednesday, as President Donald Trump repeated his promise of tax cuts and on upbeat economic data that increased the odds of a rate hike and lifted bank stocks. Trump, in a meeting with top executives at U.S. retail companies, said he would lower taxes substantially and simplify the tax code - echoing a vow he made last Thursday that renewed optimism about the economy and revived the "Trump trade".
Most of Dow stocks in positive area (19 of 30). Top loser - Merck & Co., Inc. (MRK, -1.02%). Top gainer - The Procter & Gamble Company (PG, +2.93%).
Most of S&P sectors are also in positive area. Top loser - Utilities (-0.6%). Top gainer - Financials (+0.5%).
At the moment:
Dow 20385.00 +2.00 +0.01%
S&P 500 2324.25 -2.00 -0.09%
Nasdaq 100 5254.75 -4.50 -0.09%
Crude Oil 53.04 -0.16 -0.30%
Gold 1232.40 +7.00 +0.57%
U.S. 10yr 2.50 +0.03