Markets Right Now: Tax plan trouble sends US stocks lower
The latest on developments in financial markets (All times local): Stocks gave up an early gain and finished lower as the Republican tax plan hit another snag. Indexes turned lower Thursday after Sen. Marco Rubio said he would vote against the bill unless the child tax credit was expanded. Small-company stocks, which stand to benefit the most from proposed corporate tax cuts, fell more than the rest of the market. 21st Century Fox jumped 6.5 percent after announcing a deal to sell most of its assets to Disney. The Standard & Poor's 500 fell ...
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