Stocks rise as President Joe Biden sworn in as the 46th President of the US. The Dow Jones Industrial Average rose 240 points. The S&P 500 advanced 1.5% to an intraday all-time high. The tech-heavy Nasdaq Composite jumped 2.1% to a record amid a pop in Netflix shares.
- S&P 500: 39%
- Nasdaq: 31%
- Dow Jones: 85%
“I believe we will be able to turn the page,” said Kristina Hooper, Invesco’s chief global market strategist. “I expect markets to continue to move in expectations of a robust recovery later in 2021 when vaccines are broadly distributed.”
Crude Oil and Natural Gas News
Crude oil prices steady as E&P sectors awaits US earning season. CL prices currently trading at $53.18. Natural gas prices fall amid warmer temperatures. NG prices currently trading around $2.543
US Energy News
- Colgate Partners raises $300mm
International Energy News