U.S. stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest da...
NEW YORK - U.S. stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest daily drop in a month as a push for the impeachment of U.S. President Donald Trump gained momentum among Democrats in the U.S. Congress.
The inquiry will examine whether Trump sought Ukraine’s help to smear former Vice President Joe Biden, the front-runner for the 2020 Democratic presidential nomination. Support among Democrats for the start of impeachment proceedings increased after news related to the charge. Stocks briefly pared losses in late-afternoon trading after Trump, in a tweet, said his administration would release a complete transcript of a call with Ukrainian President Volodymyr Zelenskiy that is at the center of the controversy.
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