The Dow Jones Industrial Average was up points, or 0.
Eastern time, and the Nasdaq composite was 2. They add to gains from a day before, when stocks climbed after Raphael Warnock was declared the winner of the first of two Georgia runoffs and expectations built for a Democratically controlled D.
Markets gave up much of their early gains on Wednesday, though, after loyalists to President Donald Trump stormed the Capitol as lawmakers were confirming his loss.
That has investors anticipating a explosive return to growth for corporate profits later this year. Earlier, Trump riled up the crowd with baseless claims of election fraud.
Slightly fewer U. Another more encouraging report said that growth in U.
Trade Representative said on Wednesday. In its detailed reports, which the office has made publicUSTR studied how these digital taxes affected companies, including Amazon, Google, Facebook, Airbnb and Twitter. Trade Act of India, which has become the largest market for Silicon Valley giants Google and Facebook by users, introduced digital taxes in to target foreign firms.
Anticipation of more stimulus options deals the economy, increased U. The year yield rose to 1.
JPMorgan Chase rose 3. Tech stocks also rose, recovering from weakness a day earlier on worries that a Democratically run Washington would target them with tougher regulations.
Facebook rose 2.
All the ugliness in Washington shows how divided the country is politically. And with the thinnest possible majority possible in the Senate, Democrats may not have enough clout to push through their boldest proposals even if they will also control the White House and House of Representatives.
The companies are heavyweights in the Hang Seng.
Other Asian markets were much stronger.