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S&P 500 Touches Session Low on Senator’s Tax-Plan Insight: Chart

The S&P 500 Index touched a session low Thursday.

S&P 500 Touches Session Low on Senator’s Tax-Plan Insight: Chart
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)
S&P 500 Touches Session Low on Senator’s Tax-Plan Insight: Chart

(Bloomberg) -- The S&P 500 Index touched a session low Thursday after Republican Senator Bill Cassidy said the chamber’s tax bill would delay a cut in corporate rates until 2019. The benchmark shed almost 21 points to reach 2,573.46 at 11:53 a.m. New York time.

To contact the reporter on this story: Nancy Moran in New York at nmoran@bloomberg.net.

To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Matt Turner

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