U.S. stocks bounce back as investors shrug off impeachment risk
- 5 years ago
Wall Street bounced gack on Wednesday as investors shrugged off the news of an impeachment inquiry into President Donald Trump... while Nike shares jumped on upbeat quarterly results.
At closing bell, the Dow Jones Industrial Average rose point-6 percent to 26-thousand-971, the S&P 500 gained just about that much and the Nasdaq Composite added 1-point-1 percent.
On the local bourse, South Korean stocks dropped by more than 1 percent on Wednesday... ending a run of thirteen consecutive sessions of gains amid escalating woes over a potential impeachment investigation into U.S. President Donald Trump.
The benchmark KOSPI dropped 1-point-3 percent to close at 20-73 while the tech-heavy
Oil prices dropped about 2-percent on Wednesday... logging a second straight day of losses after U.S. crude inventories unexpectedly rose and on worries that demand could fall after U.S. President Donald Trump's comments about trade talks with China.
Brent crude shed more than 1-percent to 62-dollars and 45 cents a barrel while U.S. West Texas Intermediate crude fell 1-point-4 percent to 56-49 a barrel.
At closing bell, the Dow Jones Industrial Average rose point-6 percent to 26-thousand-971, the S&P 500 gained just about that much and the Nasdaq Composite added 1-point-1 percent.
On the local bourse, South Korean stocks dropped by more than 1 percent on Wednesday... ending a run of thirteen consecutive sessions of gains amid escalating woes over a potential impeachment investigation into U.S. President Donald Trump.
The benchmark KOSPI dropped 1-point-3 percent to close at 20-73 while the tech-heavy
Oil prices dropped about 2-percent on Wednesday... logging a second straight day of losses after U.S. crude inventories unexpectedly rose and on worries that demand could fall after U.S. President Donald Trump's comments about trade talks with China.
Brent crude shed more than 1-percent to 62-dollars and 45 cents a barrel while U.S. West Texas Intermediate crude fell 1-point-4 percent to 56-49 a barrel.