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VOL. 45 | NO. 2 | Friday, January 8, 2021

Wall Street keeps rising on Democratic wins, stimulus hopes

The Associated Press

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Wall Street rallied to more record highs as investors hope the Democratic sweep of Washington means more stimulus is on the way for the economy.

The S&P 500 rose 1.5% Thursday after Congress confirmed Joe Biden as the winner of the presidential election and Jon Ossoff was declared the winner of a Georgia runoff election, tipping control of the Senate to Democrats.

Investors and analysts are anticipating Congress will try to deliver $2,000 checks to most Americans, increase spending on infrastructure and take other measures to nurse the economy amid the worsening pandemic.

Treasury yields continued to climb.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0