• DOW 20,269

• NASDAQ 5,734

• S&P 2,316

 The U.S. stock market extended gains to close at a fresh record Friday as investors cheered President Donald Trump's promise to introduce tax reforms in the next few weeks.

The S&P 500 climbed 8 points, or 0.4%, to close at 2,316. The Dow Jones Industrial Average added 98 points, or 0.5%, to end at 20,270 and the Nasdaq Composite Index rose 18 points, or 0.3%, to close at 5,734.

All three benchmarks set new records for a second day in a row.