Investing.com investing.com 13 Jan, 2021 23:00 am

Dow Flat as Focus Shifts to Historic Trump Impeachment Vote By Investing.com

Dow Flat as Focus Shifts to Historic Trump Impeachment Vote By Investing.com
Dow Flat as Focus Shifts to Historic Trump Impeachment Vote

com – The Dow ended unchanged Wednesday, as political turmoil on Capitol Hill gripped investor attention ahead of the vote in the House to impeach President Donald Trump for an historic second time.The House of Representative voted 232 to 197 to impeach President Donald Trump for inciting the attack on the U.com (NASDAQ: AMZN ), Facebook (NASDAQ: FB ) and Alphabet (NASDAQ: GOOGL ) traded in the green.But the trial in the Senate is unlikely to take place until after Trump leaves the White House as Senate Majority Leader Mitch McConnell rejected a call for an emergency session.

Still, a conviction after impeachment is "unlikely to occur," Scotiabank said, as it requires a two-thirds Senate majority, meaning at least 17 Republicans would have to break ranks and vote with Democrats.But further fiscal support is expected to cushion the economic fallout and boost vaccine distribution efforts.

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