Stocks rose on Biden’s execution orders

we the financial value Markets were marginally higher Thursday morning after that President Biden He signed a series of executive orders in the early hours of his presidency.

The Dow Jones Industrial Average rose 34 points, or 0.11%, in the opening minutes of trading, while the S&P 500 and Nasdaq composite indices edged up 0.1% and 0.4%, respectively. It finished all three major averages in record territory on Wednesday.

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SP500Standard & Poor’s 5003856.04+4.19+ 0.11%
I: COMPNasdaq Composite Index13518.142069+60.89+ 0.45%

Biden’s orders included extending the freeze on student loan payments and the evacuation and deferral of foreclosures for those affected by COVID-19. Other measures including revoking the Keystone XL pipeline permit, re-entering the Paris climate agreement, and halting construction of the southern border wall, among others.

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UALUnited Airlines HLDG.42.43-2.75-6.08%

Looking at the stocks, United Airlines Holdings A. Fourth consecutive quarterly loss In the three months through December, the COVID-19 pandemic continued to impede demand for air travel. The Chicago-based airline lost $ 7.1 billion in 2020, but said that while the next few quarters will be tough, it expects a return to travel and lower costs resulting in more than its profit margins for 2019 by 2023.

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Baker Hughes lost its earnings but outpaced the profits and said it expects the energy market to fall to its lowest level by the middle of this year.

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AAPLApple company135.72+3.69+ 2.80%

Elsewhere, the target price for Apple Inc. shares has been raised. To $ 152 from $ 144 at Morgan Stanley, which expects record quarterly earnings and revenue from its next report.

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TSLATesla Corporation848.94-1.51-0.18%

Vehicle registrations soared at Tesla Inc. In California increased 63% year-over-year in the fourth quarter, according to data from research firm Cross-Sell. The increase in registrations was boosted by demand for the Model Y crossover.

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GMGeneral Motors Corporation56.38+0.53+ 0.95%

In other auto news, GM is heading towards a sixth record this month as investor optimism is high after a series of strategic moves this month.

In commodities, West Texas Intermediate crude fell 33 cents to $ 52.98 a barrel and gold fell $ 2.10 to $ 1,864.40 an ounce.

European markets were mixed after the European Central Bank kept its policy on hold, with the French CAC 40 index dropping 0.34% and the German DAX 30 index rising 0.11%. Britain’s FTSE 100 Index rose 0.06%.

In Asia, Hong Kong’s Hang Seng Index is down 0.12% while Japan’s Nikkei 225 Index is up 0.82% and China’s Shanghai Index is up 1.07%.

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