Jim Cramer explains why there wasn’t a stock market reaction to insurrectionists breaching the Capitol building.
Lawmakers in D.C. have certified President-elect Biden’s victory over incumbent President Donald Trump. However, the certification process, which was largely thought to be ceremonial, was disrupted yesterday when insurrectionists breached the Capitol building and forced it to go into lockdown with the nation’s lawmakers locked inside.
However, the market–which had the Dow hitting an all-time high–lost a bit of momentum but weren’t entirely impacted by the mob breaching the Capitol.
Watch More From TheStreet Below:
- Biden Urges Trump to Call Off Mob at Capitol Hill
- Trump Supporters Stormed Into U.S. Capitol Forcing a Lockdown
- Watch: World Leaders and Politicians Respond to D.C. Pro-Trump Protests on Twitter
- Markets Hold Gains As Rioters Storm Capitol Hil