Democrats moved closer to impeaching President Trump for inciting the deadly rampage at the Capitol last week.

The Dow rose 60 points. The S&P 500 nudged up a point. The Nasdaq gained 36.

While it may be hard, Randy Watts, chief investment officer of O'Neil Global Advisors, says investors should look past the political turmoil and focus on the bigger financial picture.

"I think the market's really looking forward. It's really focused on three things: the economy, how big that additional stimulus is going to be, and what happens with covid. And I think the market is making a bet that by the end of this year, you know, there is going to be more stimulus, the economy is going be a lot stronger and covid is going to be ramping down. So I think investors would be better served to focus on those things. Looking forward, then basically looking at the last administration."

That doesn't mean the future is going to be bright for all sectors. Investors fear tech companies like Twitter and Facebook are likely to face more regulatory scrutiny with Democrats controlling the top two branches of government. Social media names were among the weakest for the second day in a row. Twitter and Facebook were both down more than two percent.

Looking at some good news. Shares of General Motors rose to their highest since coming out of bankruptcy 10 years ago. CEO Mary Barra outlined plans for GM's first electric commercial vans, which will be delivered to FedEx later this year.