The Dow Jones and Nasdaq economic indicators reached record highs one day after Democrats voted to continue the unpopular impeachment they are pushing against U.S. President Donald Trump, reported CNN.
Stock market optimism is based on the approval of the trade agreement USMCA, between the United States, Mexico, and Canada, which is expected to increase substantially the Gross Domestic Product, GDP.
The International Trade Commission estimates that the new trade agreement could increase gross domestic product by $68 billion.
All this shows the confidence that the Trump administration inspires in investors, who prefer to ignore the irregular impeachment vote that Democrats insist on.
Among the important transactions registered in the market are those made by the companies Cisco, Intel, and Walgreens.
Market optimism was also strengthened by the announcement of the partnership between the giants Amazon, Google, and Apple.
“Renewed optimism about the domestic economy and a preliminary trade pact between the U. S. and China have breathed fresh life into the stock market,” The Wall Street Journal reported.
“The S&P 500 has surged 27% this year, on track for its best annual performance in six years,” added The Wall Street Journal.
Another strong indicator of President Trump’s position contributor base support.
His re-election campaign fundraising grew by $5 million on the same day that Democrats voted for his impeachment.
“Incredible fundraising numbers,” started one of his tweets Brad Pascale, Trump’s campaign manager.
“@realDonaldTrump has raised over $5 M (still growing) today as Americans use their wallet to show support against @SpeakerPelosi’s impeachment hoax,” he continued.
“Click on the link below to help defend Trump!,” and he was motivating his supporters even more.
Click the link below to help defend Trump!https://t.co/97DKBibCms
— Brad Parscale (@parscale) December 19, 2019
Fundraising the following day brought another $5 million, for a total of $10 million in just 48 hours.
“That’s just in 48 hours, so two days, $5 million dollars a day,” Tim Murtaugh, Trump’s campaign communications director, told Hill.TV, emphasizing, “The president’s re-election campaign gets bigger and stronger.”
The House vote on the articles summarizing the impeachment trial: abuse of power and obstruction of justice, was held on Dec. 18.
On that day, all the Republicans and joining them were Democrats who voted against the articles, but with the number of votes cast by the other Democrats, the process passed to the Senate.
It is expected that in January the Senate will acquit the president given the majority of Republican senators who support him.