By Peter Nurse Investing.com – US stocks are expected to open slightly lower Wednesday, with investors taking a more cautious stance as they take in higher Treasury yields, likely more fiscal stimulus and continued political turmoil. . At 7:05 am ET (1205 GMT), the contract was down 25 points, or 0.1%, traded 5 points, or 0.1%, lower and fell 15 points, or 0.1%. Wall Street is off to a good start in 2021, with all the major indices hitting all-time highs, despite current concerns about the coronavirus pandemic. This has been due in large part to higher expectations for additional fiscal stimulus after the Democrats won the Senate. President-elect Joe Biden is expected to release details about his economic plan on Thursday, but has already indicated that the new stimulus could be “in the trillions of dollars.” However, it is increasingly difficult to make new gains as long-term interest rates start to rise (10-year US Treasury yields have risen above 1%) amid from concerns that the Federal Reserve will cut its stimulus program faster than expected. Goldman Sachs (NYSE 🙂 warned that a stock pullback could soon follow, and the bank’s influential chief economist Jan Hatzius said in a research note that US stocks could “take a breather” in the near term. Meanwhile, political turmoil continues in Washington. The US House of Representatives will vote to impeach President Donald Trump Wednesday afternoon over the recent turmoil in the US Capitol after Vice President Mike Pence resisted pressure Tuesday to invoke the 25th Amendment. to impeach Trump. The coronavirus continues to disrupt society as the United States surpassed 4,000 daily deaths on Tuesday for the second time this month, according to data from Johns Hopkins University. Texas became the second state to surpass 2 million Covid-19 cases, after California passed the scoreboard in December. As for economic data, the December release expires at 8:30 AM ET (1230 GMT), and the consensus calls for a 0.4% increase from 0.2% the previous month. The month of December the Fed will also be released. Oil prices continued to rise Wednesday, driven by a 5.8 million barrel drop in US inventories, again suggesting that US measures to contain the latest surge in the pandemic have had less of an effect on the demand than those of Europe. He released his details later on Wednesday. futures were trading 0.4% higher at $ 53.41 a barrel, while the international benchmark contract was up 0.2% at $ 56.68. Both benchmarks are trading near their highest levels since February. Elsewhere, it was up 0.5% to $ 1,852.60 / oz, while it traded 0.3% higher at 1.2167.