Stocks fall in volatile session on Trump impeachment concerns

By: Fred Imbert

Stocks were whipsawed on Tuesday by worries about President Donald Trump’s political future.

The Dow Jones Industrial Average traded 157 points lower after falling more than 200 points at one point. The S&P 500 was down 0.9% while the Nasdaq Composite dropped 1.4%.

House Speaker Nancy Pelosi will announce a formal impeachment inquiry later on Tuesday after she meets with her caucus to discuss the call Trump had earlier this year with Ukraine’s leader, Volodymyr Zelensky, where he allegedly pressured him to investigate Democratic presidential hopeful Joe Biden’s family.

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