Stocks smash records as investors shrug off US violence

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Thu, 2021-01-07 02:51

NEW YORK: Stock markets surged higher on Thursday, with the three major US indexes pushing into record territory, as traders brushed off the storming of the Capitol building in Washington.
On Wall Street, the Dow Jones Industrial Average ended above 31,000 for the first time, while Frankfurt broke 14,000 points for the first time, before falling back but still set a new closing level record.
The dollar rose across the board, while bitcoin continued its record run and was flirting with $40,000, having passed $30,000 only on Saturday.

In this photo provided by the New York Stock Exchange, trader Gregory Rowe works on the trading floor on Jan. 7, 2021, in New York. (Nicole Pereira/New York Stock Exchange via AP)
A screen shows a business television channel as Canada's main stock index, the Toronto Stock Exchange's S&P/TSX composite index, rose to a record high in late morning trade in Toronto, Ontario on January 7, 2021. (REUTERS/Carlos Osorio)
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