US index S&P 500 worth $20 tn for first time due to Trump
US stock indices hit record highs on Monday, with the benchmark S&P 500's market value topping $20 trillion for first time ever, amid expectations that President Donald Trump's policies would boost the economy. Earlier, Trump vowed to make a major tax announcement over the next few weeks. Notably, the S&P 500 has surged about 9% since Trump's election.