Dow ends at record highs as Trump supporters storm capitol

by Jonathan Adams

The Dow rose 1.44%, to 30,829 and the S&P 500 advanced 0.57% to 3,748

The Dow Jones Industrial Average closed at a record Wednesday as the U.S. Capitol was locked down after supporters of President Donald Trump stormed past barricades and breached the building.

President-Elect Joe Biden condemned the mob attack by Trump supporters on the U.S. Capitol, saying “our democracy is under unprecedented assault.”

I call on President Trump to go on national television now to fulfil his oath and defend the Constitution and demand an end to this siege, Biden said.

Trump had earlier called on his supporters to “remain peaceful,” but he did not urge them to disperse, AP reported.

Vice President Mike Pence had been escorted off the Senate floor during the count of the Electoral College votes certifying President-elect Joe Biden’s win.

Washington Mayor Muriel Bowser declared a curfew in the district from 6 p.m. till 6 a.m. Thursday.

The Associated Press reported that the D.C. National Guard was being activated for tasks possibly including helping enforce the curfew.

Senate Minority Leader Chuck Schumer and House Majority Leader Nancy Pelosi issued a joint statement calling on Trump to “demand that all protestors leave the U.S. Capitol and Capitol Grounds immediately,” AP reported.

Several Republican lawmakers called upon Trump to call for an end to the violence, NBC reported.

Mr. President @realDonaldTrump the men & women of law enforcement are under assault. It is crucial you help restore order by sending resources to assist the police and ask those doing this to stand down, tweeted Sen. Marco Rubio, R-Fla.

The Dow closed up 437 points, or 1.44%, to 30,829 and the S&P 500 gained 0.57% to 3,748.

Both the Dow and S&P 500 reached record intraday highs.

The Nasdaq finished down 0.61% to 12,740 after falling sharply earlier in the session on concern that big technology companies could face tougher antitrust scrutiny under a Democratic-Party-controlled Congress.

This article is for information purposes only.
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