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Tax cuts

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    Tax cuts

    Wall Street rises to records, spurred by Trump economy hopes | Reuters

    Wall Street's main stock indexes set fresh record highs for a second day as a spike in oil prices supported energy shares and investors renewed their optimism about President Donald Trump's economic policy agenda.

    The S&P 500 was on track for its fourth straight session of gains, a day after Trump vowed a major tax announcement in the next few weeks.

    The benchmark S&P has surged more than 8 percent since Trump's Nov. 8 election amid expectations he will usher in lower corporate taxes, reduce regulations and increase infrastructure spending.

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