Wall St. gains on financials boost tax hopes
NEW YORK (Reuters) - U.S. stocks rose on Wednesday as gains in financial shares were powered by growing expectations for a December interest rate hike and on hopes President Donald Trump’s administration may be making progress on a tax plan.
 Trump  proposed the biggest tax overhaul in three decades but offered scant details about how to pay for the cuts without dramatically driving up federal deficits.
If passed  the plan would be  Trump ’s first significant legislative win since taking office in January.
“For the first time since we have had  Trump  and the administration in office  it looks like there is incrementally more of a possibility of tax reform going through that would actually be meaningful ” said Martin.
NEW YORK (Reuters) - U.S. stocks rose on Wednesday as gains in financial shares were powered by growing expectations for a December interest rate hike and on hopes President [TGT]’s administration may be making progress on a tax plan.
 Trump  proposed the biggest tax overhaul in three decades but offered scant details about how to pay for the cuts without dramatically driving up federal deficits.
If passed  the plan would be  Trump ’s first significant legislative win since taking office in January.
“For the first time since we have had  Trump  and the administration in office  it looks like there is incrementally more of a possibility of tax reform going through that would actually be meaningful ” said Martin.