Stock Market Update
06-Feb-25 15:00 ET
Stocks and bonds little changed after tax plan news
Dow -209.16
at 44663.04,
Nasdaq +4.04
at 19778.27,
S&P -0.69
at 6060.79
[BRIEFING.COM] The S&P 500 dipped below its prior close over the last half hour.
Earlier, Axios reported that President Trump will present a tax plan to GOP lawmakers which includes extension of the 2017 tax cuts, including an elimination of the carried interest tax deduction and tax breaks for sports teams.
Treasury yields are little changed following the news. The 2-yr yield is at 4.21% and the 10-yr yield is at 4.44%.
