Market Snapshot: U.S. stocks set for more records in continued tax-driven rally [MarketWatch]
LONGFIN CORP A (LFIN)
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Source: MarketWatch
U.S. stocks set for more records in continued tax-driven rally U.S. stocks were set for a positive trading day on Tuesday, just a day after scoring records all around on rising expectations the highly anticipated tax bill will get its final signoff this week. What are stock futures doing? Futures for the Dow Jones Industrial Average YMH8, +0.21% rose 54 points, or 0.2%, to 24,877, indicating another day in record territory for the blue-chip benchmark. On Monday, the Dow DJIA, +0.57% closed at an all-time high , its 70th record in 2017 — the most ever for a calendar year, surpassing the 69 records made in 1995. Futures for the S&P 500 index ESH8, +0.08% rose 3.35 points, or 0.1%, to 2,697.75 on Tuesday, while futures for the Nasdaq-100 Index NQH8, +0.06% climbed 8.25 points, or 0.1%, to 6,543.75. Both the S&P 500 SPX, +0.54% and Nasdaq Composite Index COMP, +0.84% also ended at records on Monday. What’s driving the markets? Hopes that the Republicans’ major tax ov
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