23-12-2016 20:30 via news.yahoo.com

Wall Street takes a breather after steep Trump rally

The Dow Jones Industrial Average, which briefly came within striking distance of the historic 20,000 level earlier this week, was set to record its seventh straight weekly gain. Following a sharp 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 President-elect Donald Trump's plans for deregulation and infrastructure spending. Additional gains will depend on how quickly and success
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