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Added on the 11/08/2016 23:03:14 - Copyright : Reuters EN
US stocks closed at record highs on Wednesday after President Joe Biden was sworn into office. Tech stocks drove the market following an optimistic earnings report from Netflix. According to Business Insider, the Netflix report sent shares soaring nearly 20%. Tech shares didn't stop with Netflix, Alphabet rose to an all-time high with a 6% surge. Alibaba climbed 7% after it's founder, Jack Ma, made an appearance in a videoconference. Ma had not been seen in public for months prior to the call. Gold rose 1.57% on the news of the 46th President's inauguration to $1,869.10 per ounce.
Wall Street ended the day mixed amid a drop in oil prices. However, the major indices recorded their best weekly performance for 2016. Shartia Brantley reports.
Crowds of people hang out on the beach in Barcelona while bars and restaurants close ahead of a new night-time curfew starting this weekend to fight a surge in virus cases, after the measure won court approval on Friday. IMAGES
The US equity indexes closed at record highs on Thursday. Analysts look to the Democrats' victories in the Georgia Senate runoffs as a factor in the surge. Experts say the dual victories in the Georgia Senate runoffs pave the way for sweeping fiscal support in early 2021. The S&P 500 was up 1.5% at 3,803.79. The Dow Jones industrial average closed 212 points higher at 31,041.13, up 0.7%. While the Nasdaq composite saw an uptick of 2.6% at 13,067.48.
Seoul, Jan 7 (EFE/EPA).- The benchmark South Korea Composite Stock Price Index (KOSPI) on Thursday rose 63.47 points, or 2.14 percent, to close at 3,031.68 points. It is the first time South Korean stocks rallied to close above the 3,000-point mark. (Camera: JEON HEON-KYUN).SHOT LIST: SOUTH KOREAN DEALERS WORK IN FRONT OF MONITORS AT THE HANA BANK IN SEOUL, SOUTH KOREA.