What Happened in the Stock Market Today

The stock market pulled back on Thursday amid reports that the U.S. Senate's tax plan may involve delaying corporate tax rate reductions until 2019 -- a move that could undermine President Trump's stance that cutting corporate taxes would spur growth for American businesses.

Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) fell as much as 1.1% by early afternoon, before paring their losses at the close.

Data source: Yahoo! Finance.

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Source: Fool.com