Stock Market Today: January 20, 2021
Harvey S. Katz, CFA | 01/20/2021
Optimism was on display on Wall Street yesterday as the nation prepared for the inauguration of Joseph R. Biden, Jr., at 12:00 PM (EST) today, as the 46th President of the United States. Specifically, the stock market was on strong footing to begin the session as the Dow Jones Industrial Average jumped some 275 points in the first few minutes of trading. Hopes for a more collegial atmosphere in a badly divided country and expectations that this changing mood would expedite stimulus help against the pandemic all helped the mood on the Street.