07-12-2016 22:30 via news.yahoo.com

Wall Street surges to new highs; transports set record

By Lewis Krauskopf NEW YORK (Reuters) - Wall Street surged on Wednesday, with the Dow industrials and S&P 500 hitting fresh records, as equities continued their march upward after the election of Donald Trump as U.S. president, and a new high for transportation stocks added to the bullish tone. The gains came even as Trump's comments on prescription drug pricing wounded the healthcare sector. U.S. equities have scaled new highs since the election, with investors encouraged by Trump's plans f
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