Stock market extends fall as Mueller says charging president was 'not an option we could consider'

U.S. stock benchmarks midday Wednesday extend losses after Robert Mueller III, the special counsel, made his first public statements after concluding a two-year investigation into Russian interference in the 2016 presidential election. The Dow Jones Industrial Average DJIA, -1.41% was off 232 points, or 0.9%, at 25,115, the S&P 500 index SPX, -1.32% was off 0.8% at 2,780, while the Nasdaq Composite Index [: COMP] was retreating 0.8% at 7,544. Mueller said: “If we had had confidence that the president had not committed a crime, we would have said so.” He emphasized said that the a sitting president cannot be charged with a federal crime, therefore, it was “not an option we could consider.” He also said that his probe found that there was Russian meddling in the 2016 presidential election won by President Donald Trump. The special counsel said that he didn’t make a determination on criminal charges, for those reasons. He also said it was “unfair to potentially accuse somebody of a crime when there can be no court resolution of the the actual charge.”

See Full Story Stocks close lower as tariff clash magnifies global growth worries

U.S. stocks bounce off lows but still ended weaker Wednesday as worries about trade tensions on top of global growth uncertainties spooked Wall Street, fueling buying in government bonds.

Read More Here...

Bookmark the permalink.