Futures jump after Senate approves tax bill

U.S. stock futures climbed after the U.S. Senate passed its version of a tax reform bill.

Dow futures gained more than 200 points, while the Nasdaq and the S&P 500 were up half a percent.

The Senate passed the legislation early Saturday morning with no Democratic support. The vote was 51-49.

It now heads to conference, where House and Senate negotiators will work out the differences in their bills, CBS News reports.

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