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Wall St closes at records with tax overhaul in sight

Wall St closes at records with tax overhaul in sight

NEW YORK (Dec 16): Wall Street's three major indexes climbed to record closing highs on Friday with broad-based gains as a long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass.

U.S. congressional Republicans were expected to release final details of their plan late on Friday, with decisive votes planned for next week after lawmakers who had previously criticized the bill started to voice their support.

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