Markets Fret Over Sanders’ Role As Head Of Budget Committee, Stocks Flat As Investors Brush Off Impeachment Plans

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Meanwhile, a mixed bag of earnings results are also rolling in.

All the major indexes are once again roughly flat near their record highs as investors continue to eye a Thursday stimulus announcement that should help calm uncertainty over the incoming administration's policy agenda–and what that could mean for stocks.Washington University on September 24, 2020.Shortly after the market open, the Dow Jones Industrial Average was up just 14 points, or less than 0.1%, while the S&P 500 and tech-heavy Nasdaq also climbed just 0.1% each.

That's when the progressive senator is set to start heading up the powerful Senate Budget Committee, which oversees the massive federal budget that spurred weeks of disagreements before the new year; Sanders has promised to take"aggressive" stances on climate change, healthcare and taxes–much to the chagrin of Republicans and the market.

 

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