Stocks Poised to Close Higher Ahead of Trump Impeachment Hearings; Intel Soars on Chief Executive Change

Wednesday, January 13, 2021 3:58 PM | MT Newswires

US stocks were indicated to close higher on Wednesday as lawmakers in the House decide whether to impeach President Donald Trump for a second time while Intel (INTC) soared following a chief executive change, making it the top gainer on the S&P 500.

The Dow Jones Industrial Average recovered from earlier losses, up 0.07% to 31,090.62 and the S&P 500 added 0.3% to 3,812.71 and the Nasdaq Composite was up 0.5% to 13,135.53. Utilities led the sectors higher, while materials lagged.

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