December 20, 2017 / 2:35 PM / 2 months ago

US STOCKS SNAPSHOT-Wall St opens higher as tax bill nears passage

Dec 20 (Reuters) - Wall Street’s main indexes opened higher on Wednesday after the U.S. Senate approved a sweeping $1.5-trillion tax bill that is expected to boost corporate earnings and lead to higher dividends and stock buybacks for investors.

The Dow Jones Industrial Average rose 93.69 points, or 0.38 percent, to 24,848.44. The S&P 500 gained 9.13 points, or 0.340485 percent, to 2,690.6. The Nasdaq Composite added 26.97 points, or 0.39 percent, to 6,990.82. (Reporting by Sruthi Shankar in Bengaluru; Editing by Savio D‘Souza)

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