On Wednesday, local time, as U. S. bond yields fell sharply for the second day in a row, the Nasdaq and S & P 500 closed slightly higher, while the Dow fell slightly.
Ryan Nauman, a market strategist at Informa Financial Intelligence, said investors continued to focus on growing expectations of fiscal stimulus and hopes for economic recovery from vaccine distribution. At present, the market has skipped the immediate chaos and focused on the resilience of the subsequent economic recovery.
In addition, the impeachment bill against Trump passed by a majority in the House of Representatives on Wednesday as scheduled, but Senate Republicans refused to invoke emergency authorization to restart the session, meaning the Senate will not consider the bill until January 19 at the earliest. In the short term, at least the last two trading days of the week will not need to consider the impact of impeachment on the market.