Dow ends lower, but near record levels amid historic impeachment vote in Washington MarketWatch 1/13/2021
MARKET SNAPSHOT
U.S. stocks mostly booked modest gains Wednesday, amid a historic House vote on impeaching President Donald Trump, one week before he is set to leave office.
Stocks struggled for direction Tuesday, flipping between modest gains and losses before finishing to the upside, allowing the Dow, S&P 500 and Nasdaq Composite to avoid their first back-to-back losses of 2021.
Stocks mostly closed marginally higher Wednesday as investors monitored efforts in Washington to impeach President Trump for the second time. Peter Andersen, founder of Andersen Capital, thinks political considerations are weighing on the market much more than many investors may realize.