In this photo provided by the New York Stock Exchange, Endeavor CEO Ariel Emanuel, fourth left, rings the NYSE opening bell, to celebrate his company's IPO, Thursday, April 29, 2021. Stocks edged mostly higher in midday trading Thursday, helped by big technology companies that reported strong results overnight and more economic data pointing to a solid recovery.
Stocks overcame a midday stumble and ended broadly higher on Wall Street, pushing the S&P 500 to another record high. The benchmark index rose 0.7% Thursday. Communications companies powered a big part of the gain, led by a 7.3% leap in Facebook after the company reported big growth in digital ad revenue. Investors got several encouraging reports indicating that the economy is gaining momentum as it emerges from a recession brought on by the pandemic.
BUT what happened? Trump told his supporters the market would CRASH if Biden won!!!! Trump wouldn’t be LYING AGAIN would he😂🤣