Wall Street Soars After Smooth Joe Biden Inauguration
US President Joe Biden took office on Wednesday.New York: Wall Street hit new records and stock markets across the globe climbed after US President Joe Biden took office on Wednesday, with traders joyful over his plan to inject even more stimulus into the world's largest economy.The Dow and S&P 500 posted all-time highs, but none gained more than the Nasdaq, which climbed 2.0 percent to a new record thanks in part to Netflix, which saw its share price surge after an excellent quarterly earnings report.Investors were relieved the new president took office safely after outgoing president Donald Trump's supporters attacked the US Capitol earlier this month, and are now closely watching what Congress does with Biden's $1.9 trillion economic recovery plan."In general, this is a market th...