New York (AFP)
The New York Stock Exchange hit new highs Wednesday at the close after a session marked by the official start of Joe Biden's tenure as President of the United States and a salvo of results.
The Dow Jones Industrial Average rose 0.83% to 31,188.38 points.
The Nasdaq, driven in particular by the rise in Netflix stock, climbed 1.97% to 13,457.25 points and the extended S&P 500 index appreciated 1.39% to 3,851.85 points.
The previous records for the three major indices dated from January 8.
With the new American administration, the market is anticipating an ambitious fiscal stimulus plan, as committed by the new Democratic president who wants to urgently release an additional 1.9 trillion dollars to deal with the impact of the pandemic.
These measures, supposed to boost consumption and investment, are viewed favorably by financial circles.
Such a prospect, defended the day before by the future Secretary of the Treasury, Janet Yellen, against US senators, had already supported Wall Street on Tuesday.
The New York Stock Exchange, and in particular the Nasdaq index with strong technological coloring, also benefited from the insolent form of Netflix, whose title jumped by nearly 17%.
On Tuesday evening, the American online streaming giant revealed that its number of subscribers worldwide had for the first time surpassed 200 million at the end of last year, confirming the rise of the platform during the pandemic.
The group also indicated that it was considering a share buyback, a measure that tends to push up the price of a security listed on Wall Street.
US investment bank Morgan Stanely (-0.20%) and US consumer goods group Procter & Gamble (-1.25%) published Wednesday before the opening of good results, but their actions respective fell.
© 2021 AFP