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U.S. stocks bounce back as investors shrug off impeachment risk

2019-09-26 1 Dailymotion

Wall Street bounced gack on Wednesday as investors shrugged off the news of an impeachment inquiry into President Donald Trump... while Nike shares jumped on upbeat quarterly results.<br />At closing bell, the Dow Jones Industrial Average rose point-6 percent to 26-thousand-971, the S&P 500 gained just about that much and the Nasdaq Composite added 1-point-1 percent.<br /> On the local bourse, South Korean stocks dropped by more than 1 percent on Wednesday... ending a run of thirteen consecutive sessions of gains amid escalating woes over a potential impeachment investigation into U.S. President Donald Trump. <br />The benchmark KOSPI dropped 1-point-3 percent to close at 20-73 while the tech-heavy <br /> Oil prices dropped about 2-percent on Wednesday... logging a second straight day of losses after U.S. crude inventories unexpectedly rose and on worries that demand could fall after U.S. President Donald Trump's comments about trade talks with China.<br />Brent crude shed more than 1-percent to 62-dollars and 45 cents a barrel while U.S. West Texas Intermediate crude fell 1-point-4 percent to 56-49 a barrel. <br />

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