Trump tax pledge pushes US stocks to record highs

Wall Street stocks pushed to fresh records Thursday after US President Donald Trump promised to give details soon about his tax cut proposals. The blue-chip Dow, the broader S&P 500 and the tech-rich Nasdaq all jumped to fresh all-time peaks following the comments, each closing up 0.6 percent. The US rally was jump-started by Trump's comments at a meeting with airline executives, saying he would release details of a "phenomenal" tax cut plan in the next two or three weeks.