NEW YORK (AP) — Stocks are slightly lower today as the market's eight-week winning streak comes to an end. Stocks finished lower for the second day in a row. That hadn't happened in a month. The Standard & Poor's 500 index fell 2 points to 2,582. The Dow Jones industrial average declined more than 39 points to 23,422 and the Nasdaq composite index was nearly unchanged at 6,750. The Russell 2000 index is up a fraction of a point to 1,475.
NEW YORK (AP) — Oil futures slipped today. U.S. crude lost 43 cents to close at $56.74 a barrel in New York. Across the pond, Brent crude, used to price international oils, gave up 41 cents to $63.52 a barrel in London. Meanwhile, wholesale gasoline gave up 1 cent to $1.81 a gallon.
WASHINGTON (AP) — The House and Senate tax overhaul plans are broadly similar, but crucial differences are creating headaches for Republican leaders determined to keep myriad interest groups and factions of the GOP satisfied. The most politically challenging decisions involve dealing with popular and widely used tax deductions, structuring tax cuts for business, and balancing personal income tax rates between middle-class families and the rich.
RACINE, Wis. (AP) — Wisconsin Gov. Scott Walker and Foxconn Technology Group Chairman Terry Gou have signed off on a $3 billion contract for the Taiwanese firm to build a massive display-screen factory in southeast Wisconsin. Walker and Gou signed a contract Friday that locks the state into providing up to $3 billion in tax incentives if Foxconn invests $10 billion on a factory near Racine. Foxconn would also have to hire 13,000 workers to get the full benefit.
CAPE CANAVERAL, Fla. (AP) — The International Space Station is getting a delivery shipped from Virginia for a change. Orbital ATK, one of NASA's chief suppliers, plans to launch the capsule Saturday morning from Wallops Island, aboard an unmanned Antares rocket. It will be Orbital ATK's first supply run from its home turf in more than a year. The last time Orbital ATK sent up supplies, in the spring, it used another company's rocket in Cape Canaveral, Florida.