Archive · 23 May 2025
US Stocks Flat as Treasury Yields Dip After Tax Bill Passed
US stock markets ended mostly unchanged on Thursday after a day of ups and downs.
This happened because the price of government bonds went down, which helped the markets.
The House of Representatives approved the tax bill, which led to mixed reactions.
Some sectors went down, like energy and healthcare, while others, like tech, went up.
The tax bill is expected to add significantly to the national debt over the next ten years.
US stocks ended little changed on Thursday.
Easing Treasury yields helped offset early losses.
The House of Representatives approved the US President's tax and spending bill.
The Dow Jones Industrial Average dipped slightly.
The tax bill is projected to add $3.8 trillion to the national debt over ten years.
- Who
- Investors
- What
- US Stocks remained flat
- When
- Thursday
- Where
- US
- Why
- Easing Treasury yields offset early losses and House approved Trump's tax and spending bill.
Investors
US Government
Impact of the Tax Bill
Investors
Concerned about rising national debt.
US Government
Will stimulate economic growth
- Dow Jones Industrial Average Change
- 1.35 points
- Dow Jones Industrial Average Closing
- 41,859.09
- S&P 500 Change
- 2.60 points
- S&P 500 Closing
- 5,842.01
- Nasdaq Change
- 53.09 points
- Nasdaq Closing
- 18,925.74
- 10-year US Treasury Yield
- 4.543%
- Projected National Debt Increase (10 years)
- $3.8 trillion
Sources
Asian markets tank following Wall Street's loses: Nikkei down 300 points, Hang Seng loses 0.3%
Asian shares slip as worries about US debt send Wall St tumbling
Wall Street slips as US bond market worries intensify after House passes Trump tax bill
Asian markets stabilise as US bond yields retreat after tax-cutting budget clears key hurdle
