Pursuits
Two-Day Stock Rally Pauses as Trump Tax Plan Details Unfold
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U.S. stocks were little changed, with equity benchmarks near records, as investors sifted through details on President Donald Trump’s tax plan, as well as earnings from companies including Twitter Inc. and PepsiCo.
The S&P 500 added less than 0.1 percent to 2,389 at 9:40 a.m. in New York. The benchmark on Tuesday capped its biggest two-day rally since the U.S. election amid strong earnings and speculation of lower U.S. corporate taxes. The Dow Jones Industrial Average rose 10 points to 21,007 on Wednesday.