Not Even A Riot At The Capitol Can Keep Stocks Down As Dow, S&P 500 And NASDAQ Hit Record Highs—Again

  • 📰 Forbes
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

'It was a horrible day for democracy, but was it a horrible day for capitalism?'

Just one day after a violent mob of supporters of President Trump stormed the U.S. Capitol Building in an attempt to overturn the results of the presidential election and amid calls in Washington to remove Trump from office, U.S. stocks soared to all-time highs again on Thursday—seemingly unaffected by the chaos unfolding on Capitol Hill. Here’s why. ... [+]All three indices closed above previous records on Thursday, with the S&P 500 closing with gains of 1.

They performed similarly on Wednesday, even though the market closed while Trump supporters were still present in the Capitol Building, because “investors for the last couple of weeks stopped doubting the transition,” said Vital Knowledge founder Adam Crisafulli. Crisafulli added that markets on Wednesday were “firmly focused on the implications of Dem control of the House, Senate, and White House” as two Democratic Senators claimed victory in runoff elections in Georgia rather than the riot unfolding in the nation’s capital.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The stock market is manipulated daily. The actual valuation and strength of a company has little to do with it. Buy sell buy sell. It's like a craps game

Just give a little time. It's coming.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines