City
Epaper

US stocks hit record highs as Biden's presidency begins

By ANI | Updated: January 21, 2021 03:40 IST

Stocks on Wall Street hit record highs on Wednesday as Joe Biden began his term as the 46th US president, promising to unite the country and restore its economy from the ravages of the coronavirus pandemic.

Open in App

Stocks on Wall Street hit record highs on Wednesday as Joe Biden began his term as the 46th US president, promising to unite the country and restore its economy from the ravages of the coronavirus pandemic.

The Dow Jones Industrial Average, Wall Street's broadest stocks gauge, settled the day at 31,1888, up 0.8 percent. It hit an all-time high at 31,236 earlier.

The S&P 500, a barometer for the top 500 US stocks on the New York Stock Exchange, settled at 3,850, up 1.4 percent, after an all-time high of 3,860 earlier.

The technology-laden Nasdaq index, which counts on the performance of tech stock giants such as Facebook, Apple, Amazon, Netflix and Google, was the outperformer of the day, finishing up 2 percent at 13,457.

Its session peak was 13,486. (/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Standard & Poor'sJoe BidenNew York Stock ExchangeJoe bidensBiden administrationJoseph biden
Open in App

Related Stories

NationalDelhi: Akhilesh Yadav, Arvind Kejriwal Campaign Together in Rithala Constituency Ahead of 2025 Assembly Elections

InternationalGaza Ceasefire: Biden Administration Admits It Took Donald Trump to Close Israel-Hamas Hostage Deal

InternationalJoe Biden Pardons His Son Hunter, Says Charges Politically Motivated

NationalMuzaffarnagar By-Election: Clash Between Two Parties Reported in Meerapur During Polling (Watch Video)

MaharashtraSharad Pawar Responds Strongly to Devendra Fadnavis' 'Vote Jihad' Allegations Against MVA

International Realted Stories

InternationalPakistan to bring up IWT suspension in DGMO level talks with India

InternationalPakistan welcomes Trump's willingness to 'mediate' on Kashmir

International"It is a positive sign": Ukrainian President Zelenskyy welcomes Russian indication to end war

InternationalBaloch Yakjehti Committee sounds alarm on Pakistan's state-led atrocities

InternationalSouth Korea: Official campaigning for presidential election to begin Monday