Stocks shrug off impeachment inquiry

Kelly Evans's afternoon commentary & top market stories

VIEW IN BROWSER | SUBSCRIBE WED, SEP 25, 2019 YOUR AFTERNOON NEWS UPDATE AND MARKET ACTION FROM CNBC AS OF WED, SEP 25, 2019 • 01:01 ET DJIA 26943.39 +0.51% +135.62 S&P 500 2974.42 +0.26% +7.82 NASDAQ 8025.03 +0.39% +31.40 EDITOR'S NOTE You want this week in a nutshell? The S&P low volatility ETF broke out to new highs yesterday.    Investors seem to have a collective headache amid the swirl of impeachment headlines and breathless takes on how that will affect U.S. trade deals and the legislative environment, etc., etc.    The only trouble is, there's no guarantee any investment will be "low volatility."    That, like so much else this week, could just turn out to be wishful thinking.    Show starts in two--see you then!!   Kelly     Kelly Evans @KellyCNBC KEY STORIES  Trump asked Ukraine president in phone call 'if you can look into' Biden and his son The call with Zelensky is reportedly a central part of the whistleblower complaint that prompted Nancy Pelosi to support an impeachment inquiry against Trump. Read: Summary of President Trump's call with Ukraine leader about Joe Biden The White House release came a day after House Speaker Nancy Pelosi said she was launching an impeachment inquiry into President Trump's phone call with Ukraine President Volodymyr Zelensky. Wall Street believes Trump is safe but worries impeachment inquiry could hinder trade deals House Speaker Nancy Pelosi's impeachment inquiry could mire Trump's trade initiatives, including talks with China and the USMCA, investment firms warn. EBay CEO Devin Wenig is stepping down as the company reviews potential sale of assets EBay announces that CFO Scott Schenkel will be interim CEO. Major UN climate report says rapid ocean warming is causing 'heatwaves,' threatening fishing industry Surface temperatures for the world's oceans are rising at an alarming pace, causing "heatwaves" and accelerating sea levels that threaten fishing economies. New home sales see unexpected surge, but analyst says 'entry level' price is now much higher Sales of newly built homes in August hit the second highest level in over a decade. Those numbers were released just after a homebuilding analyst upgraded Toll Brothers, Lennar and KB Home to "outperform." Trump says US and Japan have reached an initial trade agreement The United States and Japan have reached an initial trade agreement, President Donald Trump said Wednesday. CEOs are exiting at a record pace with WeWork, Juul and eBay bosses out in just the last 24 hours CEO turnover hit an all-time record high in August and September is looking to be no different. Postal compromise close as US pushes for global mail reforms that could impact Amazon, FedEx, UPS Jean-Paul Forceville, the chief negotiator for France's La Poste, tells CNBC the probability is "pretty high" that a compromise is reached this week to reform the 144 year-old organization along some of the lines the United States has proposed. Stocks making the biggest moves midday: Nike, Philip Morris, Marathon Petroleum & more Check out the companies making headlines in midday trading.     IN CASE YOU MISSED IT American markets a mess and getting worse: NYU Stern professor Meet Cannalysis, the company that's developing a vaping test Lawmakers hold hearing in vaping-related lung illnesses   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2019 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS