Dow closes at record as Democratic Senate win and stimulus expectations offset Capitol chaos

Dow closes at record as Democratic Senate win and stimulus expectations offset Capitol chaos

Trump supporters stand on the U.S. Capitol Police armored vehicle as others take over the steps of the Capitol on Wednesday, Jan. 6, 2021, as the Congress works to certify the electoral college votes.

Bill Clark/CQ-Roll Call, Inc via Getty Images

The Dow Jones Industrial Average closed at record highs on Wednesday as the prospect for more stimulus under a Democratic controlled Senate offset chaos at the US Capitol.Supporters of President Trump stormed the US Capitol building after his speech at the "Stop The Steal" rally as Congress was in session to certify the 2020 Presidential election.Watch major indexes update live here.

The Dow Jones Industrial Average closed at record highs on Wednesday even as President Trump supporters stormed the US Capitol in Washington, D.C.

Stocks marched higher throughout the day on Wednesday following the Tuesday election results of two Georgia Senate run-off elections, with Democratic candidates Raphael Warnock and Jon Ossoff edging out Republican candidates Kelly Loeffler and David Perdue.

Investors likely bid up stocks as Democratic control of the Senate increases the likelihood of increased stimulus and infrastructure spending in the coming months.

Here's where US indexes stood at the 4:00 p.m. ET close on Wednesday:





S&P 500: 3,748.14, up 0.57%Dow Jones