US shares close Friday with another record
(Close): Wall Street romped to a new closing high in Friday trading.
The spark was President Donald Trump's promise to undertake major tax reforms.
Stores chain Sears extended its opening 14% leap to 25% after it unveiled a plan to cut debt. Mead Johnson was up 6% after Reckitt Benckiser finalised its $16.6bn deal to buy it.
Activision Blizzard leapt 18% after the videogame maker reported better-than-expected results and a share buy-back plan.
Another market-beating set of figures sent Skechers USA up 20%.
Twitter was down another 5% after Thursday's 12% fall following disappointing user and revenue numbers.
Oil gained 1.5% after it emerged OPEC members had stood by their production cut deal.