Markets celebrate the peaceful presidential transition with new record highs

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Global stocks hit an all-time high early Thursday on optimism that the new US administration will take bold steps in reviving growth and speed up vaccine distribution.

All three major US indices climbed to new records on President Biden’s inauguration day. The S&P 500 posted its best first-day performance on a first-term presidential inauguration in more than eight decades. While markets are optimistic that a massive US economic relief will be approved by the Senate sometime soon, it was not the only reason helping risk assets. Despite many warnings of armed protests at state capitols… Read More:

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