10-02-2017 16:00 via news.yahoo.com

Wall Street hits record high on Trump tax talk

U.S. stocks hit record highs shortly after the open on Friday, a day after President Donald Trump said he would release a major tax reform plan in the coming weeks. Trump's promise of a "phenomenal" tax plan helped reignite a post-election rally, which had stalled in recent weeks on concerns over his protectionist stand and the lack of clarity on his policies. The biggest theme for investors is that Trump's tax plan will move quickly and he has always maintained that it is going to be very aggre
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