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Dow, S&P slip on tax bill worries; Nvidia boosts Nasdaq

Reuters 

By Tanya Agrawal(Reuters) - The benchmark S&P 500 and the blue-chip Dow indexes were lower in afternoon trading on Friday as investors continued to grapple with concerns over a delay in corporate tax cuts, while the Nasdaq pared losses, helped by gains in Nvidia and media stocks.Senate Republicans on Thursday unveiled a plan that would delay, by a year, lowering the corporate tax rate to 20 percent and provide small-business owners with a deduction rather than a special business rate.The Senate Republicans' version of the bill differs markedly on corporate, business and individual tax cuts ...

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First Published: Fri, November 10 2017. 23:43 IST
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