Stocks rally to a record as Biden sworn in as president, Netflix soars
Summary
All three major benchmark U.S. stock indexes were on pace to close at fresh all-time highs Wednesday after Joe Biden was sworn in as the 46th U.S. president.
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Times of India
Wall Street closes at record high after Biden takes office
Wall Street greeted new US President Joe Biden by climbing even higher on Wednesday, closing at records amid promises of big economic stimulus and relief that the inauguration was uneventful.
US STOCKS-Wall Street sets record 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. Shares of the world's largest streaming service Netflix surged after it said it would no longer need to borrow billions of dollars to finance its TV shows and movies. The rest of the FAANG group all jumped with earnings results due in the coming weeks.
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