AI Summary
Wall Street stocks fell yesterday, ending a six-day winning streak for the S&P 500, as investors monitored congressional debate on President Trump's tax cut proposal and rising US Treasury yields. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite Index all closed down around 0.4%. Trump's visit to Capitol Hill to rally support for the tax cuts faced resistance from some Republicans. Tesla saw a slight gain after CEO Elon Musk expressed optimism about sales and future technologies, while Alphabet (Google) declined despite showcasing new AI features.
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