Biden Inaugurated-- S&P 500, Nasdaq hit record highs
Category: News & Politics
Via: krishna • 3 years ago • 16 commentsBy: Emily McCormick
Important related seed:
QAnon In Meltdown After Biden Inauguration
President Elect Joe Biden takes the oath of office - The Telegraph
Stocks rose Wednesday, extending Tuesday’s advances as investors looked ahead to the first actions of the incoming Biden administration.
Each of the three major indexes rose, and both the S&P 500 and Nasdaq hit record intraday highs.
In his first hours in office, Biden is set to immediately begin signing executive actions to address the pandemic, virus-stricken economy, climate change and racial equity.
Moreover, Biden is set to quickly begin pushing to get more virus relief aid into the economy, after having unveiled a $1.9 trillion proposal last week that would include increased stimulus checks, extended unemployment benefits and aid to state and local governments, among other measures.
Janet Yellen, Biden’s nominee for Treasury Secretary, advocated for significant additional coronavirus relief spending during her confirmation hearing before the Senate Finance Committee on Tuesday, and added that she would work with the Biden administration on its other priorities as well, including increasing infrastructure investment, enacting environmental protection legislation and eventual tax reforms.
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Stocks rose Wednesday, extending Tuesday’s advances as investors looked ahead to the first actions of the incoming Biden administration. Each of the three major indexes rose, and both the S&P 500 and Nasdaq hit record intraday highs.
Isn't it wonderful how the stock market took off under Trump?
In his first hours in office, Biden is set to immediately begin signing executive actions to address the pandemic, virus-stricken economy, climate change and racial equity.
He also needs to reverse some if not all off Trump's EO's (ie - protecting endangered species)
I think he definitely will. But Trump has done so many stupid things to screw up this country, that it will take Biden and the newly Democratic Congress a while to right all those wrongs!
Biden is set to quickly begin pushing to get more virus relief aid into the economy, after having unveiled a $1.9 trillion proposal last week that would include increased stimulus checks, extended unemployment benefits and aid to state and local governments, among other measures.
Didn't Trump say that if Biden was elected the market would crash.
We can add that to the millions of lies he told over the last four years.
It was more of a wish and a lie.
and every conservative NT stock market expert has attested that Obama had nothing to do with the recovery from 2007-2009
lol