Fresh record intra-day and closing highs for the benchmark US equity indices as investors eyed fresh fiscal stimulus measures as Joe Biden was inaugurated as the 46th president of the United States - Dow rallied +258-points or +0.80% 31,188.38. The broader S&P500 rose +1.39% to 3,851.85, with Communication Services (up +3.61%), Consumer Discretionary (+2.26%) and Information Technology (+2.02%) all gaining over >2% and leading ten of the eleven primary sectors higher. Financials (down -0.47%) was the only primary sector to close in the red. The Nasdaq gained +1.96% to 13,457.25 Netflix Inc soared +16.85% and logged its best single session advance in more than four years after. Big technology names also traded strongly, including Google-parent Alphabet Inc up +5.36%, Amazon.com Inc +4.57% and Microsoft Corp +3.65%. The small capitalisation Russell 2000 index added +0.44%.
