The Dow 30 and S&P 500 started off strong Monday morning after the US Senate passed its version of tax reform early Saturday. The Dow was initially up 302.45 points, or 1.2%, at its high, and the S&P 500 was 22.97 higher or 0.9%. President Trump touted those gains on CNBC. The initial pop followed last week's gains where the Dow was up 2.9% and the S&P 500 was 1.5% higher. Keep in mind that tax reform is probably the biggest one of Trump’s campaign promises that could have the largest impact on the overall economy and therefore the stock market.

Source: Forbes December 05, 2017 01:41 UTC