Wall Street closes lower on impeachment expectations

Monday, 11. January 2021 22:00

Shares on major United States markets ended the trading session with losses on Monday after it was reported that the US House of Representatives will review the articles concerning the possible impeachment of President Donald Trump this Wednesday. meanwhile, President-elect Joe Biden pledged Friday an economic stimulus rollout, which he said will be "in the trillions of dollars."

The Dow Jones Industrial Average index declined by 0.29% at the close as Apple slipped 2.32%. The Nasdaq 100 fell by 1.55% as the trading session ended with Baidu plunging 8.62%. The S&P 500 lost 0.66% at the closing bell. tesla was the worst performer dropping by 7.82%.

The euro fell by 0.57% compared to the dollar to change hands for 1.21557 at 3:59 pm ET.

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Breaking the News / TF