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Rocket Launch! Dow Soars 255 Points as Not Even North Korea Can Torpedo This Rally

Stocks surged to new highs today as tax-reform legislation made it out of committee in the Senate and Jerome Powell, Trump's nominee to replace Janet Yellen atop the Federal Reserve, testified to Congress. The Nasdaq Composite advanced 0.5% to 6912.36. The folks at Todd Market Forecast offer a reason or two for today's rally: Sometimes it's hard to ascertain why the market is rallying.