US Stocks Close Mixed
Wall Street closed little changed on Wednesday, as sliding interest rates offset rising coronavirus deaths and political uncertainty. Tech shares were nudged higher by Intel, up nearly 8% on news that CEO Bob Swan would step down effective February 15. On the policy side, the House of Representatives plans to vote on Wednesday to impeach Trump for a second time. Investors also looked to the unveiling of President-Elect Biden’s stimulus plan expected for Thursday. On the pandemic side, the US recorded on average 247,600 new cases and 3340 new deaths in the last 7 days, reaching new highs. The Dow Jones lost 8 points or less than 0.1% to 31,061. In contrast, the S&P 500 added 9 points or 0.2% to 3910, while the Nasdaq climbed 57 points or 0.4% to 13,129.
2 hours ago