Investors are liking what they’re seeing so far from the incoming Biden Administration.
Stocks are on the rise the day before Joe Biden takes the oath of office to become to the nation’s 46th President. There are a few reasons for the optimism.
First, Goldman Sachs reported stellar earnings, easily topping analyst expectations.
It also appears vaccine distribution is picking up the pace and the incoming government plans to move ahead on another stimulus package.
That has the major indexes up more than three-quarters-of-a-percent at the opening bell.