Traders in Chicago celebrate on New Year's Eve 2004.
Kroger is surging after earnings.
USA stocks ended higher on Thursday, with the Dow Jones Industrial Average closing above 24,000 points for the first time ever, as investors were optimistic about the prospects for a tax reform plan. REUTERS/Brendan McDermidRepublican U.S. Senator John McCain said he would back the tax bill, adding it would boost the economy and provide tax relief for all Americans. The US Senate Budget Committee on Tuesday approved the Republican tax bill to overhaul the US tax code, sending it to the Senate floor for a vote. The Dow gave back 65 points to slip to 23092.
"The market is pushing higher as the tax reform gets closer to becoming a reality".
But Jack Ablin, chief investment officer at BMO Private Bank, cautioned that lowering corporate taxes "would not be as big a boon to large companies as it would be to small companies".
At 12:31 p.m. ET (1731 GMT), the Dow Jones Industrial Average.DJI was up 279.87 points, or 1.17 percent, at 24,220.55 and the S&P 500.SPX was up 25.4 points, or 0.97 percent, at 2,651.47.
'Windies' target Williamson, Taylor to end 22-year New Zealand drought
West Indies have struggled in recent times and now lie eighth in the Test rankings, well behind the Black Caps who are fourth. New Zealand never ever reached those heights. "But sometimes you've got to give credit to the opposition".
Xiaomi launches Redmi 5A for Rs 4999 onwards
The official Xiaomi account on Weibo posted the above image with some information regarding the Redmi 5 and Redmi 5 Plus launch. The company has been pushing the device as " Desh ka smartphone " and is clearly aimed at appealing to the masses.
L'alerte neige et verglas touche presque toute la France
Près de la Manche , le temps est agité avec de fréquentes giboulées parfois accompagnées de grésil ou d'un coup de tonnerre. Le temps est couvert sur le tout Nord-Est avec par moment des chutes de neige qui peuvent blanchir le sol.
The Nasdaq jumped just under one percent, ending the session at 6,873.97 - 49.63 higher than it opened.
Tech heavyweights such as Apple and Facebook, hit worst in Wednesday's sell-off, boosted the indexes on Thursday.
The Russell 2000 gained 24.98 points, or 1.6 percent.
Data that pointed to a sustained increase in underlying price pressures and a drop in first-time applications for unemployment benefits last week also helped sentiment.
Advancing issues outnumbered declining ones on the NYSE by a 1.41-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favoured advancers.
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Led coalition strikes killed at least 801 civilians, Pentagon says
ISIS is calling for attacks on American children in revenge for US airstrikes that killed Syrian children, Newsweek reported. Monitoring groups say the number of civilian casualties from airstrikes in the fight against Daesh is far higher.US Embassy might move to Jerusalem
Trump's approach appears to thread a fine needle, much like he did with the Iran nuclear deal. But he didn't announce new sanctions or take any other step to immediately revoke the accord.Boston Scientific Corporation (BSX) Holdings Lifted by Toronto Dominion Bank
Edwards Lifesciences is seen as a leader in the TAVR market, which analysts have pegged at surpassing the $5 billion mark by 2021. A number of other hedge funds and other institutional investors also recently made changes to their positions in BSX . -
Hopes fade for missing Argentina sub
Some family members have denounced the navy's response to the sub's disappearance as well as the age and condition of the vessel. Some relatives of the crew have claimed the navy put their loved ones at risk in a vessel that is more than 30 years old.Bette Midler to Geraldo Rivera: Apologize for alleged sexual assault
Media figures and celebrities have reacted strongly to NBC's dismissal of Matt Lauer Wednesday for alleged sexual misconduct. On Thursday, Midler tweeted that all these years later, Rivera still hasn't apologized for what he did to her.Google listens to the people and changes their burger emoji
Google later corrected this small, trivial error when it announced the correction in the cheeseburger emoji ingredients' order. The beer emoji has also undergone a slight makeover, as the mugs are now full instead of the previous partially-empty mugs. -
UAE also Banned Padmavati
Sanjay Leela Bhansali will meet Parliamentary Panel today related to his upcoming Indian period drama movie titled " Padmavati ". The makers of the movie have submitted the three application which includes the latest 3D one, to the Censor Board.Mercedes auto stolen without using a key in seconds in 'relay theft'
A shocking hack allowed two men to fool the Mercedes into thinking they had keys to the vehicle when, in fact, they didn't. A "relay box" attack takes advantage of a weakness in proximity keys, which are popular in modern expensive cars.Tip Slams GRAMMYs for A Tribe Called Quest Snub
A Tribe Called Quest received zero Grammy nominations for their latest album, and Q-Tip is really pissed about it. Blige was another artist who a Los Angeles Times music writer named as being snubbed along with rapper Future . -
Group of Giants Fans Have Perfect Response To Eli Manning's Benching
Apparently, just one billboard wasn't enough to get their message across because there are three billboards aimed at the Giants. ESPN's Darren Rovell tweeted a pic of a billboard in New Jersey that is 10 miles from MetLife Stadium, where the Giants play.Waze Updated with Routing for Motorcycles, "OK Waze", and More
Just hit your settings to tell Waze that's what you're driving, and routes will be optimized for your hog. To turn this feature on, head to Settings Sound & voice Talk to Waze Toggle Listen for " OK Waze " on.Instagram is testing a new feature
For what would you share with another user on his page, click on the picture with two arrows under the selected post. Instagram has been inviting a select audience to test the new version of its Android app in a very limited beta.