The Dow Jones industrial average closed on Wednesday, when the US Chapter was blocked after supporters of President Donald Trump stormed the barricades and broke into the building.
President-elect Joe Biden condemned the mob’s attack by Trump supporters on the US Capitol, saying “our democracy is under unprecedented attack.”
“I call on President Trump to go to national television now to fulfill his oath and defend the Constitution and demand an end to this siege.”
Trump had previously urged his supporters to “remain peaceful,” but did not urge them to disperse, the AP reported.
Vice President Mike Pence was escorted off the Senate floor while counting the votes of the Electoral College attesting to the victory of President-elect Joe Biden.
Washington Mayor Muriel Bowser said coverage of the district on Thursday.
The Associated Press reported that the DC National Guard was on duty, including to help implement the timing.
Senate Minority Leader Chuck Schumer and House Majority Leader Nancy Pelosi issued a joint statement urging Trump to “ask all protesters to leave the U.S. Chapter and the Chapter Garden immediately,” the AP reported.
Several Republican lawmakers have called on Trump to call for an end to the violence, NBC reported.
“Mr. President @realDonaldTrump men and women in law enforcement are attacked. It is crucial to help restore order by sending resources to help the police and to ask those who do so to stop, “Senator Marco Rubio, R-Fla, wrote on Twitter.
Dow closed 437 points, or 1.44%, to 30,829, and the S&P 500 gained 0.57% to 3,748.
Both the Dow and the S&P 500 hit record highs during the day.
The Nasdaq fell 0.61% to 12,740 after falling sharply earlier in the session, worrying that major technology companies could face tougher antitrust scrutiny in a Democratic-controlled Congress.
Rev. Raphael Warnock, a Democrat, defeated Republican Sen. Kelly Loeffler in Georgia, winning one of two Senate rounds in the state.
And the AP convened the other Georgia race for Democrat Jon Ossoff against Republican Sen. David Perdue.
The yield on the US Treasury’s 10-year benchmark reached 1% for the first time since March.
The Georgia election gave Democrats control of Congress and allowed them to advance the legislative agenda of President-elect Joe Biden.
Senate Democrats are on an equal footing with Republicans, allowing Vice President-elect Kamala Harris to vote 50-50 in any tie.
Analysts say a shift from Democrats could lead to a higher fiscal stimulus and higher taxes. A single Republican victory in Georgia would have given the GOP enough votes to prevent Biden from pursuing more ambitious trade, energy and security policies.
“Stock markets have moved higher in the last few months and we are more likely to see a rotation of the sector in the market, rather than a sustained sale, resulting in Democrats taking full control of the government,” said Chris Zaccarelli, chief investment officer at the Independent Advisor Alliance.
Federal Reserve officials, in the minutes of its December meeting, unanimously called for the central bank to maintain a steady pace of bond purchases.
“All participants considered that it would be appropriate to continue those acquisitions at least at the current pace and almost all favored maintaining the current composition of the acquisitions”, according to the minutes of the meeting.
The private wages of American companies fell unexpectedly by 123,000 in December, the first decline in April, as the coronavirus pandemic slowed employment, especially in the leisure and hospitality industry and retail.