The Dow Jones Industrial Average continued its march higher, on track for its best week in more than a month. Roughly 23% of S&P 500 companies who have reported this season have beat earnings forecasts, according to Thomson Reuters data. Stocks, the dollar and Treasury yields received a boost Friday after the U.S. Senate passed a budget blueprint seen as a key hurdle in revamping the tax code. The U.S. dollar also rose, with the WSJ Dollar Index recently up 0.5% after hitting its highest level in a month. South Korea’s Kospi rose 0.7% to another record closing high amid gains in index heavyweight Samsung Electronics .

Source: Wall Street Journal October 20, 2017 02:34 UTC