New York (CNN Business) A version of this story first appeared in CNN Business' Before the Bell newsletter. S&P 500 SPX President Donald Trump faces removal from office, yet markets have shrugged off impeachment and continued to march higher over the past several months. Theis up nearly 11% since House Speaker Nancy Pelosi announced a formal impeachment inquiry on September 24. Much of that is almost certainly because Trump's acquittal has been telegraphed since the beginning of the impeachment inquiry. Even if Trump were impeached, he would be replaced by a member of the same party: Vice President Mike Pence.

Source: CNN January 23, 2020 11:48 UTC