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It began as a day of reckoning for President Donald Trump s futile attempt to cling to power as Congress took up the certification of President-elect Joe Biden s victory. It devolved into scenes of fear and agony that left a prime ritual of American democracy in tatters.
Trump supporters, bearing Trump flags, stormed the halls of the U.S. Capitol and pounded on doors as lawmakers, staff members and more hid under tables, hunkered in lockdowns and said prayers.
Guns were drawn. A woman was shot and killed by police, and three others died in apparent medical emergencies. A Trump flag hung on the Capitol. The graceful Rotunda reeked of tear gas. Glass shattered.
Thursday marked the Nasdaq s first-ever close above 13,000. It was also the first time the Dow and S&P 500 ended a session above 31,000 and 3,800, respectively.
Walgreens Boots Alliance rose 5.2% to lead the Dow higher on the back of stronger-than-expected quarterly results. Shares of JPMorgan Chase advanced 3.3% after the banking giant was upgraded to buy from neutral by an analyst at Bank of America. The tech and consumer discretionary sectors rose 2.7% and 1.8%, respectively, to lift the S&P 500.
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On Wednesday, pro-Trump rioters stormed the U.S. Capitol just as lawmakers started the procedural process of counting the Electoral College votes and formally declaring Biden the winner. Still, the Dow and the S&P 500 closed higher on Wednesday as traders looked beyond the event amid increasing prospects for more fiscal stimulus.