Stocks shot up after Republican congressional leaders pulled the American Health Care Act from what looked almost certain to be a failed vote Friday.
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STOCKS REBOUND AFTER 'TRUMPCARE' VOTE PULLED: Here's what you need to know
Stocks jumped after the GOP leadership has pulled the American Health Care Act from what looked almost certain to be a failed vote Friday.
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All three major indices were tumbling lower near the end of the day, ahead of the scheduled vote. However, immediately after it was announced that the bill was pulled, stocks shot back up.
The Nasdaq finished up for the day, the S&P 500 was little changed, and the Dow was slightly in the red.
First up, the scoreboard:
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- Dow:
- 596.72
- S&P 500:
- 343.98
- -1.98
- , (
- -
- 0.
- 08
- %)
- Nasdaq:
- US 10-year yield:
- WTI Crude:
2. The company behind the Keystone Pipeline just got a presidential permit to go ahead. The move overturns President Barack Obama's rejection of the $8 billion project. Following a wave of protests from environmentalists, Obama said the project was against the long-term interests of the US.
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