During Donald Trump’s presidential campaign, Trump said there would be so much winning people would grow tired of it.
Nearing a year under President Trump, the American people are seeing just what he meant.
On Thursday, the stock market exhibited another all-time high.
Here’s the story per MSNBC:
Stocks rallied on Thursday as the possibility of the Senate passing a bill aimed at overhauling the U.S. tax code increased.
The Dow Jones industrial average surged 331.67 points to close above 24,000 for the first time, with United Technologies leading advancers on the 30-stock index.
The S&P 500 advanced 0.8 percent to close at 2,647.58 — an all-time high — with industrials and information technology among the best-performing sectors. L Brands and Kroger were the best-performing stocks in the index.
The Russell 2000, which tracks small-cap stocks, hit a record high on Wednesday and is up 1.7 percent this week. Small caps tend to benefit more from the tax cut as most get their revenues domestically.
Thursday also marked the last trading day of November. The Dow notched its first eight-month winning streak since 1995. The S&P 500, meanwhile, posted its longest monthly winning streak since 2007 at eight. The Nasdaq composite also closed higher for the month.
In corporate news, Kroger jumped more than 6 percent after the company forecast strong same-store sales for the four quarter and posted better-than-expected earnings.
Meanwhile, Costco shares climbed 3.9 percent after the company reported a 7.9 percent rises in same-store sales for November.
HCA Healthcare jumped 6.1 percent after analysts at JPMorgan singled the stock out as a tax-cut play.