(CNBC) — U.S. stocks closed at all-time highs on Monday as investors eagerly awaited a vote on a bill that would cut corporate taxes. A slew of corporate deals also helped lift sentiment.
The Dow Jones industrial average jumped 140.46 points to 24,792.20, marking its 70th record close of the year. The 30-stock index has also risen more than 5,000 points for the year, its first time ever doing so.
The S&P 500 gained 0.6 percent to a record closing high of 2,690.16, with materials and telecommunications as the best-performing sectors.
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