Wall Street edges higher after jobless data; markets shrug off impeachment
- U.S. stock index futures were nearly flat on Thursday as investors looked past the impeachment of President Donald Trump, who is unlikely to be removed from office.
On Wednesday, Trump became the third U.S. president to be impeached, but the Republican-controlled Senate is widely expected not to convict him. No U.S. president has been removed from office in the country’s 243-year history. But with few updates on the trade war expected before the end of the year, and British Prime Minister Boris Johnson’s hard line on Brexit negotiations, analysts said the market had little incentive to keep setting new records.At 7:19 a.m. ET, Dow e-minis 1YMcv1 were up 35 points, or 0.12%. S&P 500 e-minis EScv1 were up only 0.75 points, or 0.02%, while Nasdaq 100 e-minis NQcv1 were nearly unchanged.
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