Stocks Ended Flat after House Passed Health Bill

U.S. stocks finished little changed on Thursday, after the U.S. House of Representatives passed major healthcare legislation. The Dow Jones Industrial Average fell 6.43points, or 0.03%, to 20,951.47. The S&P 500 was up 1.39 points, or 0.06%, to 2,389.52. The Nasdaq Composite added 2.79 points, or 0.05%, to 6,075.34.

Oil prices dropped by almost 5% on Thursdayr. June West Texas Intermediate crude fell $2.30, or 4.8%, to settle at $45.52 a barrel. July Brent crude fell $2.41, or 4.8%, to end at $48.38 a barrel.

The House on Thursday afternoon narrowly voted to repeal major portions of the 2010 Affordable Care Act, known as Obamacare, and replace it with a Republican healthcare plan, sending it to the Senate for consideration.