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Stock Market Rally Slows Amid Tax Bill Debate

6/4/2025

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Summary

Story summary

The stock market's rally is slowing, with the Nasdaq increasing by 0.6% and the S&P 500 by 0.4%.
Nvidia shares rose 2.3% but retreated from earlier highs, while Constellation Energy fell by 0.9%.
Investor attention is on the debate surrounding President Trump's tax bill, which faced strong criticism from Elon Musk.

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Story summary

The stock market's rally is slowing, with the Nasdaq increasing by 0.6% and the S&P 500 by 0.4%.
Nvidia shares rose 2.3% but retreated from earlier highs, while Constellation Energy fell by 0.9%.
Investor attention is on the debate surrounding President Trump's tax bill, which faced strong criticism from Elon Musk.