Tax cuts to businesses and rich lift markets to higher close

President Donald Trump's proposal to slash taxes on businesses and the wealthy lifted the markets to a higher close with the Dow gaining 56 points to 22,340. Nasdaq leaped 73 points to 6,453.

On the upside

Shares of RYB Education (NYSE: RYB) surged in its market debut.

Overstock.com (Nasdaq: OSTK) subsidiary tZERO entered a joint venture to launch an AlternativeTrading System that will transform the trading of security tokens issued in Initial Coin Offerings.

HubSpot (NYSE: HUBS) updated HubSpot Sales Professional with automation, predictive lead scoring and other advanced features.

On the downside

The Guatemalan Supreme Court declined to review Tahoe Resources' (NYSE: TAHO) request to order the Ministry of Energy and Mines to issue the annual renewal of the export credential for the Escobal mine.

Citron Research tweeted that Veritone (Nasdaq: VERI) was not an artificial intelligence company and that it's stock price would plunge to $20.

21Vianet Group (Nasdaq: VNET) completed the divestiture of two business units in its Managed Network Services business.

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 3 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 climbed 10 points to 2,507. Bitcoin leaped $172 to $4,082.