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Wall Street hits record closing highs; banks rise

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Reuters NEW YORK
Last Updated : Dec 13 2017 | 2:45 AM IST

NEW YORK (Reuters) - The S&P 500 and the Dow registered record closing highs on Tuesday with a boost from bank stocks as investors eyed a potential cut in U.S. corporate taxes and continued economic growth after strong inflation data.

Based on the latest available data, the Dow Jones Industrial Average rose 119.39 points, or 0.49 percent, to 24,505.42, the S&P 500 gained 4.18 points, or 0.16 percent, to 2,664.17 and the Nasdaq Composite dropped 12.76 points, or 0.19 percent, to 6,862.32.

(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)

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First Published: Dec 13 2017 | 2:34 AM IST

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