Dow jumps 100 pts, brushing off impeachment concerns

Donnerstag, 19. Dezember 2019 16:48

The Dow Jones jumped 100 points on Thursday after a rather lukewarm start of the session, hitting another record.

Impending impeachment trial against President Trump did not seem to dampen investor sentiment, despite the House of Representatives moving forward with proceedings by voting yesterday to impeach him.

The Dow advanced to a new record high of 28,340 points, rising 0.35% at 10:48 am ET. Walgreens Boots Alliance topped the best performers list on the blue-chip index, adding 2.51%. The Nasdaq 100 also to hit a brand new high-water mark, increasing 0.32 a minute later, with Micron and Netflix leading the rally. The S&P 500 leaped 0.21% at 10:49 am ET. Conagra Brands emerged as the best performer, soaring 18.41% after it topped second-quarter earnings.

The euro lost 0.08% on the US dollar, changing hands for1.11160 at 10:50 am ET.

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Breaking the News / GG