Magnificent Seven’ tech stocks weighed on the S&P 500 and Nasdaq; Elon Musk sparred with President Trump over the tax-and-spending bill.

A mixed day of trading left the U.S. stock market split, as Wall Street’s momentum slowed after setting record highs in each of the last two days

U.S. stocks are mixed, with the Dow jumping 400 points after Senate narrowly passes tax bill. Tesla shares sink on Trump threats.

The legislation now heads to the House of Representatives for possible final approval, though a handful of Republicans there have already voiced opposition to some of the Senate provisions. Reuters, the news and media division of Thomson Reuters,

U.S. stocks appear set for a negative opening on Tuesday as investors turn their focus to President Donald Trump’s tax bill ahead of the July 4 deadline. Senate lawmakers pulled an all-nighter on Monday to work on amendments to finalize the President’s “Big Beautiful Bill,

The Nasdaq and the S&P 500 closed lower on Tuesday, dragged down by weakness in large-cap tech stocks, while the Dow ended higher in a volatile day marked by seasonally low liquidity.

U.S. stock markets closed mixed Tuesday as the Nasdaq and SP 500 slipped due to a sharp sell-off in overbought large-cap tech stocks, while the Dow Jones ended higher on gains in cyclical sectors. The Nasdaq dropped 0.