The biggest drag on the S&P 500 and the Nasdaq was Nvidia, which dropped 6 percent to $101.08
after Pacific Crest downgraded the stock to "underweight" from "sector weight".
However, the market moved off session lows after Trump said the U. S. infrastructure bill may top $1 trillion and
that his administration was working on a major "haircut" on the Dodd-Frank banking regulation, rekindling some of his campaign promises.
(Reuters) - U. S. stocks were little changed on Tuesday, trading in a tight range, as investors fretted over the ability of President Donald Trump to deliver on his policy plans,
and ahead of his potentially tense meeting with Chinese President Xi Jinping.
The S&P 500 index showed six 52-week highs and six lows, while the Nasdaq recorded 29 new highs and 33 new lows.