Procter & Gamble is keeping the Dow above water
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| | 11/13/2019 | |
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Powell, Impeachment Hearings Keep Stocks at a Standstill | By Karee Venema | | Stocks are sticking close to the flatline at midday, as Wall Street keeps a close eye on Capitol Hill. In addition to congressional testimony from Fed Chair Jerome Powell -- who said in prepared remarks that the "current stance of monetary policy is likely to remain appropriate" -- traders are watching the first day of public impeachment hearings against President Donald Trump. The Dow Jones Industrial Average (DJI) is holding in positive territory at last check thanks to strength from Procter & Gamble (PG), as is the S&P 500 Index (SPX), while the Nasdaq Composite (IXIC) is easing back from Tuesday's record high. Continue reading for more on today's market, including: | >> Continue reading... | |
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