US stock indexes turn mostly lower in afternoon trading
NEW YORK (AP) — Stock indexes are mostly lower in afternoon trading on Wall Street after bouncing around for much of the day. Health care companies fell the most. Small-company stocks, which stand to benefit most from lower corporate tax rates, rose after Congress passed the Republican-sponsored tax bill. FedEx jumped after raising its annual profit forecast and saying the tax legislation would send its profits higher.
KEEPING SCORE: The Standard & Poor's 500 index was down a fraction of a point at 2,680 as of 3:29 p.m. Eastern time. The Dow Jones industrial average fell 18 points, or 0.1 percent, to 24,737. The Nasdaq composite was down 1 point at 6,980. The Russell 2000 index of smaller-company stocks rose 5 points, or 0.