The Dow Jones Industrial Average closed on a record Wednesday as the U.S. Capitol was closed after supporters of President Donald Trump stormed in front of the barricades.
Vice President Mike Pence was escorted from the Senate floor during the Electoral College vote count that certified the victory of President-elect Joe Biden.
Washington Mayor Muriel Bowser declared a curfew in the district from 6 p.m. to 6 p.m. Thursday.
The Associated Press reported that the DC National Guard was being activated for tasks that possibly included helping to enforce the curfew.
Senate Minority Leader Chuck Schumer and House Majority Leader Nancy Pelosi issued a joint statement calling on Trump to “demand that all protesters immediately leave the U.S. Capitol and Camp of the Capitol, ”AP reported.
Several Republican lawmakers called on Trump to call for an end to the violence, NBC reported.
“Mr. President @realDonaldTrump law enforcement men and women are being assaulted. It is crucial that you help restore order by sending resources to help the police and ask those who do so to stop, ”R-Fla Sen. Marco Rubio tweeted.
Trump had previously asked his supporters to “remain peaceful,” but did not urge them to disperse, the AP reported.
The Dow closed 437 points, up 1.44%, at 30,829 and the S&P 500 gained 0.57%, at 3,748.
Both the Dow and the S&P 500 reached intraday record highs.
The Nasdaq fell 0.61% to 12,740 after falling sharply into the session over concerns that large technology companies could face tougher antitrust control under a Democratic-controlled Congress.
Democrat Rev. Raphael Warnock defeated Republican Sen. Kelly Loeffler in Georgia, winning one of two Senate rounds in the state.
And the AP has called the other Georgia race for Democrat Jon Ossoff against Republican Sen. David Perdue.
The yield on the 10-year US Treasury benchmark hit 1% for the first time since March.
The Georgia election has given Democrats control of Congress and allowed them to push the legislative agenda of President-elect Joe Biden.
Democrats in the Senate are standing with Republicans, allowing Vice President-elect Kamala Harris to cast the casting vote in any 50-50 tie.
Analysts say a change with Democrats could lead to greater fiscal stimulus and increased taxes. A single Republican victory in Georgia would have given the Republican Party enough votes to prevent Biden from pursuing its most ambitious trade, energy and security policies.
“Stock markets have been rising in recent months and we are more likely to see a turnover of the sector within the market rather than a sustained sell-off, so Democrats are taking full control of the government,” Chris Zaccarelli said. , chief investment officer at Independent Advisor Alliance.
Federal Reserve officials, in the minutes of the December meeting, unanimously supported keeping the pace of buying central bank bonds.
“All participants felt that it would be appropriate to continue with these purchases at least at the current pace and almost all favored maintaining the current composition of the purchases,” according to the minutes of the meeting.
The private payrolls of American companies fell unexpectedly 123,000 during the month of December, the first decline since April, as the coronavirus pandemic reduced recruitment, particularly in the leisure and leisure industries. hospitality and retail.