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Position in Universe 191st / 6647

LIVE MARKETS-Wall Street points up after Biden win certified, Democrats win Congressional control

Thu 7th January, 2021 2:13pm
* Wall Street futures point to higher open * Europe's STOXX up 0.2% after Asian shares rose * Dollar up, gold falls, oil futures dip * US Treasury 10-year yield ~1.07% Jan 7 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WALL STREET POINTS UP AFTER BIDEN WIN CERTIFIED, DEMOCRATS WIN CONGRESSIONAL CONTROL (0901 EST/1401 GMT) Wall Street stock index futures are gaining ground across the board on Thursday after Congress formally certified Democrat Joe Biden’s Presidential election victory hours after hundreds of President Donald Trump's supporters stormed the U.S. Capitol in a harrowing assault on American democracy. urn:newsml:reuters.com:*:nL1N2JI0JO The White House released a Trump statement pledging an "orderly transition" when Biden is sworn in on Jan. 20, although the President repeated his false claim that he won the election. urn:newsml:reuters.com:*:nL1N2JI0JO Also on Thursday data showed the number of Americans filing first-time claims for jobless benefits unexpectedly dipped last week while staying extremely high, with the labor market recovery appearing to stall as a raging COVID-19 pandemic threatens to overwhelm the country. urn:newsml:reuters.com:*:nL1N2JH2AV With Democrats also winning control of both houses of Congress investors were also betting on the introduction of heftier fiscal stimulus to counter the impact of the pandemic. .N While the S&P and Dow closed higher on Wednesday, afternoon trading was volatile after the mob of Trump supporters forced their way into Capitol Hill in what Biden and some Republicans called an insurrection during election certification proceedings. Here is your premarket snapshot: (Sinéad Carew) ***** FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EST/1400 GMT - CLICK HERE: urn:newsml:reuters.com:*:nL1N2JI13H <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Wall St futures point to higher open https://tmsnrt.rs/2Xm0If0 ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> ((sinead.carew@thomsonreuters.com; +1 (646) 223 6186; Reuters Messaging: sinead.carew.thomsonreuters.com@reuters.net))
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