Dow soars, rips above 24,000 as chances of Senate tax bill passing increase

Stocks traded higher on Thursday as the Senate got closer to voting on a bill aimed at overhauling the U.S. tax code.

TOP NEWS Dow soars more than 300 points, closes above 24,000 as chances of Senate tax bill passing rise Sen. John McCain will support tax bill, boosting its chances of passing Fed's Quarles warns of 'serious financial stability issues' from bitcoin and other cryptocurrencies Senate tax bill would pay for less than half of proposed cuts, congressional analysis says Bank stocks are the favorite way on Wall Street to play a year-end market melt-up OPEC and Russia agree to extend oil production cut to end of 2018 Now you can pay your rent in bitcoin Majority of Americans aren't buying corporate tax-cut promises: CNBC/SurveyMonkey American Airlines: 'Only a few hundred' flights during the holidays lack pilots Cautious Carl Icahn says market has gotten into a 'euphoric state' Deutsche's David Bianco on GOP tax plan: 'We're arriving at a moment of truth' TOP VIDEO Watch a live 'Shark Tank' deal Robbie Cabral, Benjilock founder and CEO, discusses his fingerprint pad lock technology that won him a deal with Kevin O'Leary, O'Shares ETFs chairman, on "Shark Tank." Hayward Kelley, Hampton CEO, makes a deal with the Benjilock founder. SPECIAL REPORTS Stocks could surge by 17 percent — if tax reform passes This growing travel scam has cost consumers nearly $4 billion Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. Send this email to a friend Unsubscribe Advertise More Newsletters Digital Products © 2017 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632

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