With investors unnerved by the announcement of a House impeachment inquiry, as well as worries over trade and earnings, U.S. stock futures were pointing to more losses at the Wall Street open.
from office. Republicans hold a slim majority in the Senate, where an impeachment ruling would need a two-thirds majority to pass.
Amazon bought technology startup INLT for an undisclosed amount, according to Reuters. INLT makes software that helps companies simplify the process of importing goods into the U.S. HD Supply plans to split into two separate public companies. One will contain the facilities maintenance business and the other will focus on commercial and industrial operations.
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What to watch today: Dow to rise, China grants new waivers, and Trump to address UNU.S. stock futures are pointing to a higher open, following a Monday session in which the major averages barely moved.
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Dow, S&P 500 and Nasdaq gains belie negative market breadth dataThe Big 3 market indexes were all higher in morning trading Tuesday, but market breadth data were painting a more bearish outlook for the day. The number of...
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Pelosi announces Trump impeachment inquiry, saying ‘no one is above the law’House Speaker Nancy Pelosi on Tuesday announced an impeachment inquiry into President Donald Trump, amid a growing drumbeat of criticism following reports that Trump pressed Ukraine’s president to investigate Joe Biden and his son. “The president must be held accountable. No one is above the law,” said Pelosi, a California Democrat.
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