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US stocks close at record highs after Joe Biden becomes 46th President of the United States

Matthew Fox   

US stocks close at record highs after Joe Biden becomes 46th President of the United States
  • US stocks closed at record highs on Wednesday after Joe Biden was sworn in as the 46th President of the United States.
  • Tech stocks led the market higher following a stronger than expected earnings report from Netflix.
  • $4.

US stocks closed at record highs on Wednesday following the $4

The stock market was led higher by technology stocks following a stronger than expected earnings report from Netflix that sent shares soaring nearly 20%.

The video-streaming company said it expected positive free-cash-flow generation going forward and would begin to stop relying on the debt markets to fuel its content lineup; it could eventually explore a stock-buyback program.

Here's where US indexes stood at the 4:00 p.m. ET close on Wednesday:

  • $4: 3,851.85, up 1.39%
  • $4: 31,188.38, up 0.83% (257.86 points)
  • $4: 13,457.25, up 1.97%

Read more: $4

The enthusiasm for tech shares on Wednesday $4

$4 that beat analysts' expectations, driven by the firm's trading unit and wealth-management arm.

Popular cryptocurrencies like Bitcoin and Ethereum pulled back on Wednesday after Janet Yellen, President-Joe Biden's nominee for treasury secretary, $4 because they are mainly used for illicit activities in a transactional sense.

$4 after its founder, Jack Ma, resurfaced in a videoconference. Ma had not been seen in public for months as Chinese regulators clamped down on the Ant Group initial public offering and Alibaba's selling practices.

Famed short-seller Jim Chanos said he $4 from shares, which will limit his downside potential.

Oil prices were mixed. $4 jumped 0.12%, to $53.10 per barrel. $4, oil's international benchmark, declined 0.05%, to $55.87 per barrel.

$4 rose as much as 1.57%, to $1,869.10 per ounce.

Read more: $4

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