Dow closes more than 150 points higher as oil surges, Georgia runoffs loom
1/5/21
< < Go Back
from CNBC,
1/5/21:
Stocks rose on Tuesday, recovering some of their sharp losses from the previous session, as traders made bets for a strong global economic recovery.
Tuesday’s moves came after a steep decline for stocks on Monday, the first trading day of 2021. The three major averages all fell more than 1% in the previous session.
Investors also looked ahead to two key elections in Georgia, which will determine whether Republicans can hold on to control in the Senate. Many fear that increased tax rates and more progressive policies could weigh on the market if Democrats gain control of the Senate.
More From CNBC:
Rss Feed