US Indices Rise Ahead of Joe Biden's Inauguration
US indices are on the rise ahead of
Joe Biden's inauguration ceremony. Joe Biden, will take over the presidency with a ceremony that will begin at 7:30 pm Turkey time.
A positive atmosphere blew in the markets where risk appetite increased relatively before Biden's inauguration
ceremony. With this effect, the Dow Jones index increased by more than 100 points at the opening of the index and rose by 0.40 percent to 31,054.62 points.
The S&P 500 index started trading at 3,822.19 points with an increase of 0.61 percent, while the Nasdaq index started trading at 13,365.27 points, increasing 1.27 percent.
Analysts stated that the stock markets were paying attention to Joe Biden's inauguration and his speech, which will take place today under extraordinary security measures.
It has been stated that Joe Biden will cancel the controversial actions of Donald Trump from the first day he took office, will fight harder with the new type of coronavirus (Covid-19) epidemic and take steps to recover the economy.
It is spoken at the ceremony that Joe Biden, who will take the oath and become the 46th President of the USA, will sign more than 10 decrees on issues such as combating the coronavirus (Covid-19) epidemic, racial equality and climate change.