- US stocks retreated from record highs on Monday as the fallout from last week's Capitol riot continued.
- President Donald Trump was permanently suspended from Twitter on Friday, and House Democrats are preparing to draw up articles of impeachment this week.
- Watch major indexes update live here.
US stocks retreated from record highs on Monday as the fallout from last week's Capitol riot continued.
President Donald Trump was permanently suspended from Twitter on Friday and has been barred temporarily or permanently by a mix of other social-media platforms.
A consequence of the Capitol riot could be Trump's early removal: Congress is exploring removing the president by impeaching him or urging Vice President Mike Pence to invoke the 25th Amendment. House Democrats are planning to draw up articles of impeachment this week.
Here's where US indexes stood after the 9:30 a.m. ET open on Monday:
- S&P 500: 3,796.87, down 0.73%
- Dow Jones industrial average: 30,930.50, down 0.55% (172.27 points)
- Nasdaq composite: 13,011.86, down 1.48%
Shares of Twitter fell as much as 10% on Monday after the social-media company permanently suspended Trump.
Bitcoin staged a more than 10% correction over the weekend that spilled over into Monday, with the crypto asset falling to the $32,000 level.
Nio soared as much as 11% on Monday after the electric-vehicle manufacturer unveiled its ET7 sedan and said it struck a partnership with Nvidia to develop autonomous-driving capabilities.
Gold fell as much as 0.10%, to $1,835.50 per ounce.
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