Trump tax cut talk, Chinese data spur risk rally

By Hilary Russ NEW YORK (Reuters) - Wall Street hit records highs for a second day and the dollar rose on hopes of business-friendly tax cuts, as upbeat Chinese trade data buoyed commodity-related shares in Asia and Europe. The equities boost continued a day after U.S. President Donald Trump said that in coming weeks he would announce something "phenomenal" in terms of tax, although he offered no further details. Renewed speculation that Trump's policies will help boost economic growth and infla