U.S. stocks close higher on tax reform expectations

NEW YORK, Oct. 20 (Xinhua) -- U.S. stocks ended higher on Friday, with the Dow closing at record high, on rising expectations for a tax reform in the country.

The Dow was up 0.71 percent, and the S&P 500 rose 0.51 percent, while the Nasdaq increased 0.36 percent. Enditem