Wall Street was able to look past President Donald Trump's impeachment in the House since the odds of the Republican-led Senate convicting him are so slim. "It's fairly obvious that there," remarked one investor on Thursday.
Meanwhile, the disappointing jobless claims and business conditions data from the Philadelphia Federal Reserve did not deter investors from thinking the U.S. economy is still strong. Bottom line, the biggest obstacles the market faced throughout 2019 have subsided for now.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's what happened to the stock market on WednesdayStocks were little changed in a session that included sharp losses from FedEx. Guess impeachment has already been built in, or more like the market doesn’t really care about Trump I'll help: nothing.
Source: CNBC - 🏆 12. / 72 Read more »
Is This Why China’s Stock Market Is Up So Much In 2019?China’s mainland equity market is up over 33% this year, making it one of the best performing stock markets in the world Where is your face?
Source: Forbes - 🏆 394. / 53 Read more »
Stocks near record highs, Sweden ends negative ratesWorld stocks drifted down from the week's record highs on Thursday, while t...
Source: Reuters - 🏆 2. / 97 Read more »
Here’s How Impeachment Talks Will Affect The Stock MarketDespite Trump’s claims to the contrary, the market is unlikely to “crash.” skleb1234 Hopefully destroy it so we can replace the entire economy with something efficient and moral. skleb1234 Not at all. skleb1234 Speed bump....lol
Source: Forbes - 🏆 394. / 53 Read more »