(CNBC) — U.S. equities traded little changed on Wednesday as Congress approved a bill that would cut corporate taxes.
The Dow Jones industrial average slipped 29 points. The S&P 500 traded just below breakeven, with tech slipping 0.1 percent. The Nasdaq composite also traded flat as large-cap tech stocks like Apple, Facebook and Alphabet traded lower.
"There is positive momentum in the economy and the market, but we've had a big run-up recently, so now we're just treading water," said Lisa Erickson, head of traditional investments at U.S. Bank Wealth Management.
Advertisement - story continues below
