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Democrats pulled off an improbable double victory in Georgia, winning both special elections, an outcome we pegged at around a 20% possibility. With the Democratic candidates’ wins, the Senate makeup will be 50 Democratic senators and 50 Republican senators, with Democratic Vice President-elect Kamala Harris acting as a tiebreaker in votes.
Democrats already hold a majority in the House of Representatives, so the victories in the Georgia races mean President-Elect Joe Biden will likely have an easier time with at least some of his agenda under the new Senate control.
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AP
A woman stands near an electronic stock board showing Japan’s Nikkei 225 index at a securities firm as a car passes by in Tokyo Thursday, Jan. 7. Shares rose in Asia on Thursday after Wall Street rallied on expectations of more stimulus for the economy, despite chaotic scenes in Washington as Trump supporters stormed the U.S. Capitol.
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Wall Street is climbing to new heights again Thursday on expectations that the Democratic sweep of Washington means more stimulus is likely on the way for the economy.
Asian shares track Wall St rally on hopes for stimulus - Medicine Hat NewsMedicine Hat News medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.
Stan Choe And Alex Veiga
FILE - In this Oct. 14, 2020 file photo, pedestrians pass the New York Stock Exchange in New York. Stocks are getting back to rallying on Wall Street after Congress, in a late-night session, certified Democrat Joe Biden s Electoral College victory. The S&P 500 rose 0.8% in the early going Thursday, Jan. 7, 2021 on its way to another record high. (AP Photo/Frank Franklin II, File) January 07, 2021 - 2:49 PM
Major U.S. stock indexes surged to all-time highs Thursday as Wall Street bet that the Democratic sweep of Washington means more stimulus is on the way for the economy.
World shares up on stimulus hopes as Congress OKs Biden win myjournalcourier.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from myjournalcourier.com Daily Mail and Mail on Sunday newspapers.