Stock market ends slightly lower on tax plan uncertainty

U.S. stocks finished modestly lower Friday, with the S&P 500 and Dow industrials marking a second week of declines as investors weighed prospects for corporate tax cuts and assessed another round of corporate earnings. Preliminary figures showed the S&P 500 ended 0.3% lower, while the Dow declined around 100 points, or 0.4%. The Nasdaq Composite Index , which closed at a record on Thursday, shed 0.2%. For the week, the S&P posted a weekly loss of 0.1%, while the Dow declined 0.3%. The Nasdaq, however, saw a 0.5% weekly rise.

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From:: Stock Market News

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