Indices in the USA Started the Day With Gains
Indices in the USA started the day with gains. The indices were opened profitably with the political developments in the country and the news flow of increasing number of cases in the coronavirus epidemic, vaccination studies and more economic support expectations.
At its mid-week opening, the Dow Jones index gained 0.04 percent and traded at 31,080.57 points.
In Wednesday’s trading, the S&P 500 index gained 0.02 percent from 3,802.08 points and the Nasdaq index rose 0.17 percent to 13,094.50 points.
Democrats in the USA made the first move yesterday to dismiss President Donald Trump, whom they saw as responsible for the Congressional crackdown on January 6 that killed 5 people, including a police officer.
The US House of Representatives informed Vice President Mike Pence using the “25th annex article of the constitution” to accept President Trump’s call for the termination, while Pence said he would not take any steps to dismiss Trump by using the clause.
The House of Representatives is expected to vote on the impeachment clause against Trump today after Pence stated that he would not dismiss Trump.
Elected President Joe Biden is expected to release details of the economic stimulus package that is expected to be implemented after taking office on January 20. According to the news in the US press, it was stated that Biden will try to get the support of Republicans in the implementation of the support package.
On the other hand, in the data shared in the USA today, it was noted that the Consumer Price Index (CPI) in the country increased by 0.4 percent monthly and 1.4 percent annually in December.