Dow, S&P 500 again end at records as Wall Street rally continues
New York (AFP) - Wall Street saw no reason to stop rallying as the US economy pulls out of its downturn, lifting the Dow and S&P 500 to their second consecutive record on Friday. At the close of US trading, the benchmark Dow Jones Industrial Average had gained 0.5 percent to end at 34,201.13. The broad-based S&P 500 rose 0.4 percent to hit 4,185.53. The tech-rich Nasdaq Composite Index saw slightly less ebullient trading, gaining 0.1 percent to close at 14,052.34, about 125 points below its all-time high. Both the S&P 500 and Dow also posted their fourth consecutive weekly gains, ending a week...
House impeachment prosecutors wrap up case against Trump
Washington (AFP) - House prosecutors wrapped up their impeachment case against Donald Trump on Thursday, urging the Senate to convict the former president of inciting the January 6 attack on the US Capitol. "We humbly, humbly ask you to convict President Trump for the crime for which he is overwhelmingly guilty," said Representative Joe Neguse, one of the House impeachment managers. "Because if you don't, if we pretend this didn't happen -- or worse, if we let it go unanswered -- who's to say it won't happen again?" Trump's lawyers will begin his defense at noon (1700 GMT) on Friday and will ...