S&P 500 stock prices, the most popular benchmark for investors looking to buy or sell stocks, rose in the final hours of the session Thursday after news broke that the Senate has passed a sweeping tax reform bill.
The Dow Jones Industrial Average closed up 1.7% at 20,931.40 and the Nasdaq Composite index rose 4.6% at 5,869.07.
The S&p 500 is a broad index of stocks.
The Nasdaq is a broader index of the Nascoes.
The Nasdaq gained 1.2% Thursday morning after the Senate voted in favor of the GOP’s tax bill.
The Dow Jones is up 1,091.80 points or 2.7%.
The S+P 500 is up 2.3% Thursday, its best daily performance in three weeks.
The CBOE Volatility Index, which measures investor sentiment, rose 0.7 points to 0.8266 from 0.7925 Thursday.
The FTSE 100 index is up 0.9% to 6,769.75.
The DAX is up 4.7%, the biggest gain in a day, to 3,742.25.