Dow Posts 8-Day Slide, Longest Since 2011 | NBC Chicago
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Dow Posts 8-Day Slide, Longest Since 2011

The Nasdaq composite closed 0.2 percent higher after briefly falling 1 percent

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    NEWSLETTERS

    Following the withdrawal of a Republican-backed health care bill, President Donald Trump on Friday urged Republican and Democratic lawmakers to work together on "a better bill."

    (Published Friday, March 24, 2017)

    U.S. stocks closed mostly lower on Monday as investors reassessed the prospects of key White House proposals, including tax reform, coming to fruition, CNBC reported.

    "When you look at some of the areas that have helped the market, they are waning a bit here," said Daniel Deming, managing director at KKM Financial. "I think you're also seeing some valuation concerns as well.

    The Nasdaq composite closed 0.2 percent higher after briefly falling 1 percent.

    The Dow Jones industrial average ended about 45 points lower — after falling nearly 200 points earlier, with Goldman Sachs contributing the most losses.

    Senate Releases Health Care Bill

    [NATL] Senate Releases Health Care Bill

    U.S. Sen. Mitch McConnell released the GOP's health care overhaul on Thursday. The 142-page proposal includes massive cuts to Medicaid, cuts in taxes for the wealthy and defunding of Planned Parenthood for at least one year. The Congressional Budget Office has not had a chance to score the Senate's bill yet. Under the House bill, the CBO found found that 23 million Americans would lose their   coverage by 2026.

    (Published Thursday, June 22, 2017)