Democrats attempting to trigger a vote on the impeachment of Donald Trump could cause the Dow Jones today to slide.
Dow futures are down 36 points this morning as investors parse through home financing data. The Mortgage Bankers Association reported the number of applications to refinance homes jumped 9% last week.
Investors are optimistic about the Dow Jones today following the Senate's passage of the largest overhaul of the American tax code in 30 years.
Dow Futures are up 246 points this morning after every Republican senator except for Bob Corker of Tennessee voted in favor of the reform bill.
The Dow Jones Industrial Average could rise above the important 23,500 level today.
The biggest news behind the push is the Republicans passing their new version of the tax bill.
Here's more news that's driving the stock market today...
In Dow Jones news today, the Dow fell as oil prices plunged and IBM reported weak earnings.
Investors are also worried that President Donald Trump won't be able to cut taxes in 2017.
