Breaking: IAC and the online dating company Match Group have agreed to separate in a tax-free transaction. (Want this by email? Sign up here.)

Investors shrug off Trump impeachment

Voting nearly along party lines, the House approved two articles of impeachment against President Trump, making him the third president in history to face removal by the Senate. But the stock market has been largely unfazed by the news of impeachment proceedings, and that is unlikely to change, reports MarketWatch.

Investors are shrugging at the news because they don’t expect the Republican-controlled Senate to remove the president from office.

Market participants have grown more comfortable with the expectation that Mr. Trump would be impeached but not convicted, according to an investor survey conducted by RBC Capital Markets.