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Lower open as Senate finalizes tax cut plan

The markets opened lower with the Dow losing 25 points to 23,433 as the Senate continued to finalize their tax cut plan. Nasdaq added a point to 6,794.


On the upside


Foot Locker (NYSE: FL) reported better than expected earnings and revenue for the third quarter.


Splunk (Nasdaq: SPLK) narrowed third quarter losses more than expected as revenue rose.


Ross Stores (Nasdaq: ROSS) reported higher third quarter earnings that beat expectations and lifted its fourth quarter outlook.

On the downside


Williams-Sonoma (NYSE: WSM) reported third quarter earnings that fell short of analyst expectations ad announced plans to acquire .


Shares of Bitauto Holdings (NYSE: BITA) extended its losses.


Revenue fell for Fang Holdings (NYSE: SFUN).


In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 3 on the NYSE and by nearly 6 to 5 on Nasdaq. The broader S&P 500 slipped 3 points to 2,582. Bitcoin climbed $194 to $7,984.


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