Nasdaq stock index has reached all-time high. Biden and Netflix helped

 Since the start of trading in the US, the Nasdaq Composite Technology Index has risen 145 points (1.1%) to 13,342.54, the highest ever index in its history. Reported by Reuters.


Investors associate the growth of the index with expectations of positive changes in the American economy after the inauguration of the new US President Joe Biden, the agency writes.


Netflix is ​​also involved in the Nasdaq record: on the eve of the streaming service, it said that it no longer needed to raise billions in loans to finance the filming of its shows and films.



Other US indices reacted positively to Joe Biden's inauguration. Since the start of trading, the Dow Jones has risen 87 points to 31,017.54, the S&P 500 - by 17.3 points to 3816.22.


On January 20, 2021, streaming service Netflix reported an increase of 8.5 million new paid subscribers in the fourth quarter, reaching a total of 204 million paying users.

On January 20, the inauguration of the 46th President of the United States Joe Biden took place.

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