Stocks rally to a record as Biden sworn in as president, Netflix soars

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Stocks rallied to record highs today as Joe Biden was sworn in as president. The Dow rose 0.83%. The S&P 500 climbed 1.39%. The Nasdaq jumped 1.97%.

Netflix handily beat estimates for global paid net subscriber additions, reporting 8.5 million versus the 6.47 million analysts anticipated. The company also said it expects to break even on a cash flow basis this year.

His stimulus proposal calls for direct payments of $1,400 to most Americans and additional unemployment benefits as well as state and local government aid. Biden also announced a sweeping plan to combat the pandemic, which includes a nationwide vaccine campaign to speed up the rollout. The U.S. fell far short of its goal of vaccinating 20 million people by the end of last year. While the Trump administration's Operation Warp Speed has delivered over 31.1 million doses across the country, only 12.3 million people have been inoculated.to reverse many of those issued by Trump, including the so-called Muslim travel ban and the construction of a wall along the U.S.-Mexican border.

 

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This is just the beginning

ClosingBell

Let's see how long that will last

All around the world, from Berlin to Bangkok, from London to Lisbon, from Canberra to Cairo, from Tokyo to Tallinn, from Wellington to Windhoek, from Mexico City to Montevideo, from Jerusalem to Jakarta, from Paris to Prague there is a collective sigh of relief. Trump is gone.

The stocks look good, but they will drop. Heavily inflated, dollar at lowest in 2 years. Has nothing to do w/Biden, but the way it's been kept inflated for 2 years. A big drop is coming.

Melt up Dow at 50 to 60k confirmed

ClosingBell Oh Godddd ScottMinerd Really? 🤡

CNBC CNBCTV Thank you very much for Inauguration2021 Inauguration live Livestream Via YouTube Channel Great Job Wonderful Report I loved your Job because it was live, without Comment and Speaker Thanks a lot

Let’s not get confused! This is Trumps stock market rally, not Biden’s after 4 hours....

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