Wall Street climbs to record highs amid merger talk

Wall Street climbs to record highs amid merger talk

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, New York, U.S., October 27, 2017. REUTERS/Brendan McDermid
NEW YORK: U.S. stocks climbed to record highs on Monday amid optimism about merger activity and as investors bet that a Republican plan to cut corporate taxes would bolster earnings.The Dow Jones Industrial Average rose 9.23 points, or 0.04 percent, to 23,548.42, the S&P 500 gained 3.29 points, or 0.13 percent, to 2,591.13 and the Nasdaq Composite added 22.00 points, or 0.33 percent, to 6,786.44.(Reporting by Noel Randewich; Editing by James Dalgleish)
Source: Reuters
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