Wall Street closes at record highs as Netflix jumps, Biden inaugurated

- U.S. stocks closed at record highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president, while solid results from Netflix sparked a rally in shares of “stay-at-home” beneficiaries.

“It’s a tech outperformance day which is pretty rare over the past two or three months as the cyclical rotation has kind of gotten underway,” said Ross Mayfield, investment strategy analyst at Baird, in Milwaukee, Wisconsin. He added a lot of the move can be traced to Netflix. “I’m not sure that the politics of inauguration day did much but certainly the expectation for a trillion plus in stimulus,” Mayfield added, referring to Biden’s proposed $1.9 trillion spending plan.

FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File Photo The Dow Jones Industrial Average rose 257.86 points, or 0.83%, to 31,188.38, the S&P 500 gained 52.94 points, or 1.39%, to 3,851.85 and the Nasdaq Composite added 260.07 points, or 1.97%, to 13,457.25.

Advancing issues outnumbered declining ones on the NYSE by a 2.02-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored advancers.

Reuters = ATLANTIC COUNCIL Kriege vorprogrammiert?

The deposed orange fascist must have granted those indexes “permission.” You know he was the market genius...

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Trump's economy

The only important thing today 'the economy'. fckbiden fcktrump fckmerkel fckvonderLeyen Und alle anderen auch.

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