Benchmarks Fare: Points and Dow

benchmarks fare: How did the major benchmarks fare The Dow Jones Industrial Average DJIA, 0.61% fell 141.81 points, or 0.5%, to 26,806.18 while the benchmark S&P 500 index SPX, 0.62% declined 25.16 points, or 0.8%, at 2,966.62, according to Market Watch. The Nasdaq Composite index COMP, 1.05% retreated 118.84 points, or 1.5%, to 7,993.63. Equities extended their losses after U.S. House Speaker Nancy Pelosi, when asked about launching impeachment proceedings against the president, said she would make an announcement later Tuesday after meeting with Democratic Party leadership and House committee chairman. At session highs Tuesday morning, the Dow was up 129.69, or 0.4%, the S&P had risen 16.27 points, or 0.5% and the Nasdaq was up as many as 46.37 points, or 0.6% At session lows the Dow fell 245.03 points, or 0.9%, the S&P 34.04 points or 1.1% and the Nasdaq had lost 117.26 or 1.8%. What drove the market Equities turned sharply lower after it appeared the chances that the House of Representatives pursuing an impeachment inquiry against President Trump were on the rise. Subsequent reports indicated that the Speaker will announce her support for a formal inquiry Tuesday after the market close. When asked about impeachment, Pelosi told NBC news, Later today I will make an announcement after I meet with my chairmen, my leadership and my caucus. (news.financializer.com). As reported in the news.