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Stock market today: Dow, S&P 500, Nasdaq futures slip after House gives green light to Trump's tax bill

Solar stocks tanked after President Trump’s tax plan advanced from the House to the Senate.

The bill speeds up the phaseout of clean energy tax credits, which have boosted wind and solar companies and were initially backed by moderates. However, changes made Wednesday night weakened many of those provisions, dealing a blow to the industry.

Sunrun (RUN) stock took the biggest beating, plummeting 43%. Meanwhile, shares of Enphase (ENPH) dropped 18%, SolarEdge Technologies (SEDG) fell 15%, and First Solar (FSLR) dipped 5%.

All four solar stocks were among the top trending tickers on Yahoo Finance in premarket trading.

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