Stock Market Today: Shares point to weak open after tax bill passes House

Markets have been reeling in part because of worries about U.S. fiscal policy. Some stocks, including Snowflake, are surging.

May 22, 2025 - 14:08
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Stock Market Today: Shares point to weak open after tax bill passes House

Stocks were headed to another weak open on Thursday after the House of Representatives passed President Donald Trump's big tax bill by a one-vote margin. 

The tax bill, if it survives the Senate, would add an estimated $2.7 trillion to the federal deficit over the next 10 years.