Stock Market Rally Undercut by Chaos in Capitol This briefing has ended. Chaos in Washington undercuts stock market rally, but S&P 500 still ends with a small gain. In the stock market, banks, building materials companies and energy stocks — companies that will benefit from a rebounding economy — led the gains. Mr. Paulson and Mr. Coulter are looking to make investments in climate that are as profitable as any other kind of investment. Many other climate funds have a philanthropic stance or are willing to accept lower returns, “but the market will not scale for concessionary or subsidized returns,” Mr. Paulson said.
Source: International New York Times January 06, 2021 12:14 UTC