23-12-2016 22:38 via news.yahoo.com

Wall St. rises, Dow racks up seventh straight weekly gain

The Dow Jones Industrial Average, which briefly came within striking distance of the historic 20,000 level earlier this week, recorded its seventh straight weekly gain. Following a rally since the Nov. 8 U.S. election, the Dow is up about 14 percent for the year and the S&P 500 is 11 percent higher on bets that the economy will benefit from Trump's plans for deregulation and infrastructure spending. Additional gains will depend on how quickly and successfully Trump can deliver on his promise
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