Market focus is largely attuned to political developments in Washington

Posted on December 19, 2019

Trump becomes only the third president to be charged with high crimes and misdemeanors and will now face a trial in the Republican-controlled Senate.

Market reaction has been relatively muted so far, as investors widely expect the Senate to vote against Trump’s removal from office.

The latest weekly jobless claims, Philadelphia Fed manufacturing figures for December and third-quarter current account data will all be released at 8:30 a.m. ET.

Existing home sales for November and leading index figures for November will both be released slightly later in the session.

In corporate news, Accenture, Darden Restaurants and FactSet are among some of the companies set to report earnings before the opening bell.