The S&P 500 tallied its fourth straight session of gains, a day after Trump vowed a major tax announcement in the next few weeks. The benchmark S&P 500 has surged 8.3 percent since Trump's Nov. 8 election, fueled by expectations he will lower corporate taxes, reduce regulations and increase infrastructure spending. Its shares gave the biggest boost to the S&P 500 and the Nasdaq. Advancing issues outnumbered declining ones on the NYSE by a 2.60-to-1 ratio; on Nasdaq, a 2.05-to-1 ratio favored advancers. The S&P 500 posted 48 new 52-week highs and no new lows; the Nasdaq Composite recorded 151 new highs and 22 new lows.

Source: The Edge Markets February 10, 2017 21:22 UTC