Biden just broke record that would make Trump jealous

According to New York Postof report, U.S. stock markets closed on the record-breaking inauguration of President Biden. “This is the best opening day comeback since Reagan’s second term,” Ryan Detrick, chief market strategist for LPL Financial, told the newspaper. The Dow Jones climbed 0.8%, the Nasdaq by 2% and the S&P 500 index by 1.4%. Highs can take Wall Street by surprise. When CNBC spoke to more than 100 investors in late December 2020, they predicted Biden’s tenure would hurt stocks. But Ross Mayfield, an investment strategy analyst at Baird, has no problem understanding the surge. He credited Biden’s “one trillion more” stimulus package for the rise.

Meanwhile, President Biden is busy breaking another record that could make Donald Trump jealous. He signs the decrees. AP reports that Biden signed 15 executive actions and two directives in an attempt to “rewind” Trump’s presidency. You will recall that during his tenure Trump rose to fame for signing executive orders. But on the first day, according to NBC, he only signed one.