Markets Right Now: US stocks dip in midday trading
Markets Right Now: US stocks dip in midday trading
Stocks dipped in midday trading as traders worried that the Trump White House may not be able to help businesses as much as once thought.
The defeat of the Republican-backed health care reform bill on Friday raised concerns that business-friendly policies like tax cuts and looser regulations may have a tougher time getting passed.
Traders are worrying that the defeat of the Republican-backed health care reform bill last week will mean more difficulty getting tax cuts and other part of President Donald Trump's agenda passed.