Two Republican Senators demanded changes to child tax credits before they would support the tax overhaul plan. The markets closed lower with the Dow dropping 76 points to 24,508. Nasdaq lost 19 points to 6,856.
On the upside
Rumors circulated that Genomic Health (Nasdaq: GHDX) may be acquired.
Marinus Pharmaceuticals (Nasdaq: MRNS) will be added to the Nasdaq Biotechnology Index before market open on Monday, December 18, 2017.
Nordson (Nasdaq: NDSN) reported higher fourth quarter earnings and revenue.
On the downside
Pier 1 Imports (NYSE: PIR) disappointed with lower third quarter earnings that fell short of expectations and slashed its full year forecast.
Criteo (Nasdaq: CRTO) cited the impact of Apple's (Nasdaq: AAPL) Intelligent Tracking Prevention for lowering its fourth quarter forecast.
ABM Industries (NYSE: ABM) fell to a loss for the fourth quarter.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 fell 10 points to 2,652. Bitcoin rose $55 to $16,415.