In this photo provided by the New York Stock Exchange, the presidential inaugural plays on a screen as trader Timothy Nick works in a booth on the trading floor, Wednesday, Jan. 20,2021. U.S. stocks are rallyed to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy. - AP
NEW YORK: U.S. stocks closed at record highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president, while solid results from Netflix sparked a rally in shares of "stay-at-home" beneficiaries.
Shares of the world's largest streaming service Netflix surged 16.85% after the company said it would no longer need to borrow billions of dollars to finance its TV shows and movies.
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