STOCKS CLOSE FLAT: Here's what you need to know
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Frank Polich/Reuters
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Here's the scoreboard:
- Dow: 22,346.97 -12.26 (-0.05%)
- S&P 500: 2,502.42 +1.82 (0.07%)
- Nasdaq: 6,425.59 +2.90 (0.05%)
- Sen. John McCain of Arizona may have dealt a second fatal blow to the GOP's latest healthcare legislature. In a statement, McCain said the lack of "regular order" in crafting the legislation meant he could not support it.
- T-Mobile and Sprint are closing in on a deal. Japan's SoftBank Group, which controls Sprint, will own 40% to 50% of the combined company, two sources familiar with the matter told Reuters.
- JPMorgan CEO Jamie Dimon doubled down on his anti-bitcoin position, saying cryptocurrencies like bitcoin and ether 'are a kind of novelty.' "It's creating something out of nothing that to me is worth nothing," Dimon told CNBC-TV18 in New Delhi. "It'll end when people lose a lot of money."
Additionally:
ROBERT SHILLER: Stocks look just like they did right before the 13 most recent bear markets
The 'death rate' of America's biggest companies is surging
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