US markets slid at the close after the Trump administration outlined its tax cut plan.
The Dow Jones Industrial Average closed down 20.68 points, or 0.10%, at 20,975.44, and the S&P 500 shaved off 1.16 points, or 0.05%, to 2,387.45
The Nasdaq Composite was down 6.52 0.27 points at 6,025.23.
The biggest mover on the Dow was Procter & Gamble, which fell nearly 2.5%.
The drugs giant reporting an 8.3% fall in third-quarter profit, caused by slowing consumer spending
President Donald Trump proposed slashing the US tax rate on corporate and pass-through business profits to 15% from 35% or more.
The administration is determined to get the tax reform done by this year, Treasury Secretary Steven Mnuchin said.
The promise of a massive tax cut has been at the core of the post-election rally, which has driven Wall Street's indexes to record highs.
However, the rally has stalled of late due to a lack of clarity on Trump's policies and the failure of his healthcare reform bill.