Wall Street opens flat, Intel soars on CEO news; Upload 6 Pts by Investing.com

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By Geoffrey Smith Investing.com – US stock markets mixed in tight ranges on Wednesday amid events in Washington, DC, where the House of Representatives was slated to impeach President Donald Trump for the second time. At 9:35 am ET (1435 GMT), it had risen negligible points, or less than 0.1%, to 31,075 points. The also remained more or less unchanged, while the opened a little stronger with a rise of 0.2%. All three indices had retreated from all-time highs on Tuesday, having had plenty of time to trade on the prospect of more fiscal stimulus under a solidly Democratic Congress. The prominent player in the early trading was Intel (NASDAQ 🙂 stock. The chipmaker soared 10% to a six-month high after reports said it will replace CEO Bob Swan with VMWare’s Pat Gelsinger.

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