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Stock market today: Dow, S&P 500, Nasdaq waver after House gives green light to Trump's tax bill
Investors worried about the US debt pile are weighing the House vote to approve President Trump's "big, beautiful" tax bill.
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U.S. Stocks Slide as Treasury Yields Surge Amid Tax Cut Concerns
U.S. stocks declined on Wednesday as rising Treasury yields and the potential impact of President Trump's tax-cut bill on federal debt concerned investors. The S&P 500 and Nasdaq saw further losses, while a Congressional committee examined potential budget cuts amid fears of heightened government debt.
House Passes Massive Budget Bill, Sends To Senate
The House of Representatives voted to advance the Republicans' budget bill Thursday morning, sending the sweeping overhaul of the tax code to the Senate.
Is the stock market closed on Memorial Day? Are banks and the post office open?
Caution was returning to the stock market ahead of the long Memorial Day weekend, with bond markets set to close early on Friday.
Why Washington’s Huge Tax Bill Is Worrying Bond Investors
Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
Stock futures are little changed after House passes Trump tax bill: Live updates
Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.
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