The The Nasdaq Composite closed down 0.7% So what else did the stock market do today? Here are some of the top stories. What Did the Stock Market Do Today? Talk Infrastructure. While Powell held court, President Joe Biden and his administration were stoking excitement in Washington. That is because Biden and a bipartisan committee of lawmakers announced they had reached an agreement on a $1.2 trillion infrastructure bill. This comes after months of delays — and after Republican senators voted down an earlier version of the bill last week. As Alayna Treene wrote for Axios, this committee finished negotiations on some of the toughest issues of the infrastructure bill. While the legislation will take a few more days to draft, the announcement has sparked confidence that general debate can proceed.