Dow up 200 point. Nasdaq up 1.43%

The US Major stock indices are trading near session highs After the US House of Representatives passes their version of the tax reform bill.

  • The S&P is up 23 points or 0.90% at 2587.72
  • the NASDAQ composite index is up 95.66 points or 1.43% at 6801.72
  • the Dow industrial average is up to hundred points or +0.86% at 23472.

In the US debt market, a snapshot shows:\

  • 2-year 1.704%, up two basis points
  • 5-year 2.0566%, up 2.5 basis points
  • 10 year 2.3487%, up 2.6 basis points
  • 30 year 2.7902% up 2.6 basis points

In other markets:

  • Spot gold is trading near unchanged at $1278
  • WTI crude oil futures are also near unchanged levels at $55.26