Dow Jones Today US Stock Market Updates: Stocks Trade Mixed as Trump’s Tax Bill Clears House, Debt Concerns Persist
U.S. stocks traded mostly flat on Thursday as markets digested the House’s passage of former President Trump’s proposed tax bill. The legislation includes significant tax breaks and increased military spending but is projected to add $3.8 trillion to the national debt. Investor sentiment remained cautious following recent market volatility driven by rising Treasury yields and growing fiscal concerns. The muted market reaction saw Dow and S&P 500 futures hovering near flat, while the Nasdaq showed slight movement. The bill now heads to the Senate, where it is expected to face closer scrutiny amid ongoing worries over long-term fiscal stability.
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