U.S. stocks are once again moving higher as investors kick off the last full trading week before the Christmas Holiday. In early trading this morning, all of the major indices are solidly in positive territory. All three benchmarks set new closing highs on Friday with the Dow and S&P500 closing out their fourth straight weekly gain.
US stocks finished mixed last week with the Dow Jones and S&P500 each advancing 0.4% while the Nasdaq dipped -0.1% on the week.
U.S. stocks are in rally mode to kick off the week after Senate Republicans passed a tax reform bill early Saturday morning. After tumbling 300 points at one point on Friday and ending a five day winning streak to close out the day down 0.2%, the Dow is once again soaring up over 1% in early trading today.