Thursday, February 6, 2020

NASDAQ AND S&P SOAR TO RECORD HIGHS AS IMPEACHMENT ENDS IN ACQUITTAL

View this post on Instagram

๐Ÿ‡บ๐Ÿ‡ธ๐ŸŽ‰๐Ÿ‡บ๐Ÿ‡ธ๐ŸŽ‰๐Ÿ‡บ๐Ÿ‡ธ๐ŸŽ‰๐Ÿ‡บ๐Ÿ‡ธ There should be a way to make sure President Donald Trump is acquitted every day. Major stock market indexes were up sharply on Wednesday as the Senate prepared to vote to acquit the president of the two charges brought against him by a narrowly partisan vote in the House of Representatives. It was the third consecutive day of rising stocks. The Dow Jones Industrial Average jumped 1.68 percent, 483 points to the nifty level of 29290. The S&P 500 rose 1.13 percent to a new record high. The Nasdaq was the laggard of the big three, rising just fourth-tenths of a percentage point, in part because Tesla shares climbed down from recent stratospheric levels. Nonetheless, this was a new record for the tech-heavy index. The market sure has become a more exciting place as we’ve settled into 2020. The S&P 500 has posted moves of one percent or more on five days in the last two weeks, something it hadn’t done for 74 sessions prior. You can thank the coronavirus and improving economic pictures, both here in the U.S. of A. and around the globe. The bond market’s yield curve is -till jumbled, with the two-year and five-year Treasurys yielding less than 3-month Treasurys, but the big recession indicators–the two-year to ten-year curve and the three-month to ten-year curve, remain well-behaved.

A post shared by Breitbart (@wearebreitbart) on