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Wall St rises on hopes for tax reform

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Reuters NEW YORK
Last Updated : Aug 23 2017 | 1:57 AM IST

NEW YORK (Reuters) - U.S. stocks ended up on Tuesday, with each of the three major indexes posting their best one-day percentage gains in over a week, as lawmakers' comments on tax reform and the debt ceiling boosted investor optimism.

The Dow Jones Industrial Average rose 196.21 points, or 0.9 percent, to 21,899.96, the S&P 500 gained 24.11 points, or 0.99 percent, to 2,452.48 and the Nasdaq Composite added 84.35 points, or 1.36 percent, to 6,297.48.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

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First Published: Aug 23 2017 | 1:40 AM IST

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