U.S. stocks are mixed, with the Dow jumping 400 points after Senate narrowly passes tax bill. Tesla shares sink on Trump threats.

Global shares dipped and the dollar traded near multi-year lows on Tuesday, having wrapped up its worst first-half performance since the 1970s, ahead of a vote over U.S. President Donald Trump's landmark tax-cut and spending legislation.

U.S. stocks appear set for a negative opening on Tuesday as investors turn their focus to President Donald Trump’s tax bill ahead of the July 4 deadline. Senate lawmakers pulled an all-nighter on Monday to work on amendments to finalize the President’s “Big Beautiful Bill,

Magnificent Seven’ tech stocks weighed on the S&P 500 and Nasdaq; Elon Musk sparred with President Trump over the tax-and-spending bill.

A mixed day of trading left the U.S. stock market split, as Wall Street’s momentum slowed after setting record highs in each of the last two days

The Nasdaq and the S&P 500 closed lower on Tuesday, dragged down by weakness in large-cap tech stocks, while the Dow ended higher in a volatile day marked by seasonally low liquidity.

U.S. stock markets closed mixed Tuesday as the Nasdaq and SP 500 slipped due to a sharp sell-off in overbought large-cap tech stocks, while the Dow Jones ended higher on gains in cyclical sectors. The Nasdaq dropped 0.