AFN NEWS
Thursday, January 21, 2021
1) From ABC News, I’m Michelle Franzen. Following
the scaled-back inauguration day, President Biden and Vice President Kamala
Harris got down to work. President Biden signing the first executive orders of
his administration. And in the Senate, V.P. Harris performing the swearing-in ceremony
for the newly elected senators Jon Ossoff and Raphael Warnock who
won the heated runoff election in Georgia along with Alex Padilla who fills
the seat vacated by Harris. “Do you solemnly swear?”, signaling the shift in
the Senate to the Democrat control with Chuck Schumer now becoming Majority
Leader. The day of traditions in the hallmarks of American democracy taking
place like clockwork. “I, Joseph Robinette Biden Jr., do solemnly swear,” Joe
Biden sworn in as the nation’s new President and Commander in Chief. Kamala
Harris sworn in too, making history as the first woman and woman of color to be
elected as Vice President.
2) But today’s inauguration taking place in the wake of the deadly U.S. Capitol siege two weeks ago. Instead of the crowds, Washington, D.C. fortified with 25,000 national guard troops. Biden’s inaugural address, he called for unity to defeat the pandemic and enemies foreign and domestic. “We must end this uncivil war that pits red against blue, moral versus urban, ah, ah, rural versus urban, conservative versus liberal. We can do this if we open our souls instead of hardening our hearts.” There was a bipartisan show of support at the inauguration. A National Poet Laureate Amanda Gorman delivering a poem “The Hill We Climb,” weaving words to mare America’s painful history with hopeful future. “The loss we carry, a sea we must wade. We’ve braved “the Belly of the Beast.” We’ve learned that quiet isn’t always peace, and the norms and notions of what ‘just’ is isn’t always justice.”
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I’m Connell
McShane. This is the Fox Business Report.
Stocks ending in the green and in the record high as Joe
Biden becomes the 46th U.S. president. Investors are hopeful that the new administration
will provide yet another round of support for the economy in the form of
taxpayer cash. Among the gainers; big tech companies while financials lagged
behind. The Dow winners; Apple, Microsoft, Salesforce. The Decliners; Golden
Sachs, JPMorgan Chase and UnitedHealth. Take a look at Wall Street by the
numbers. The Dow finishing up 258 points, the Nasdaq up 260 and the S&P
adding 53. And Netflix, the big winner today on Wall Street. Its stocks surging
over 17% after the streaming giant reported that the total subscribers topped 200
million at the end of last year. Morgan Stanley stocks closing slightly lower even
after the bank reported a 51% increase in the fourth-quarter profit.
That’s your Fox Business Report. I’m Tom Graham,
invested in you.
