Wall Street ends lower as tax bill haggling continues

block
AFP, New York :
Wall Street finished lower on Tuesday following a late-day selloff as investors continued to mull how an overhaul of the US tax code could affect corporate earnings.
The topsy-turvy trading day came as a federal agency warned of mounting risks of a sudden drop in stocks and bonds that could hit economic growth.
The blue-chip Dow Jones Industrial Average fell 0.5 percent to close at 24,180.64, while the broader S&P 500 gave up 0.4 percent to finish at 2,629.57.
After recovering somewhat in the morning from Monday’s tech sell-off, the Nasdaq gave up 0.2 percent to end the session at 6,762.21.
block