Nasdaq tops 7,000 for first time as Wall Street rally continues

The tech-heavy Nasdaq topped 7,000 points for the first time

Wall Street soared ever higher on Monday as investors cheered by the looming Republican tax bill vote pushed the major indices to new all-time records.

The tech-heavy Nasdaq topped 7,000 points for the first time ever shortly after 1700 GMT, putting it up 0.9 percent on the prior day's close.

Meanwhile the blue-chip Dow Jones Industrial Average had gained 0.8 percent at 24,840.17 and the broader S&P 500 was up 0.7 percent at 2,694.36.

Source:AFP