On the other hand, Megan Horneman at Verdence Capital Advisors told CNN Business that she is not worried about the sell-off in the stock market today. She said, “I expect to see more days like this in [Biden’s] first 100 days.”
Several trading platforms experienced problems
Several trading platforms including Charles Schwab, E-Trade, TD Ameritrade, Robinhood, and Vanguard suffered outages or technical problems.
We understand that some clients may have experienced difficulty accessing their accounts. Those issues have been resolved & we apologize for the inconvenience. Please try clearing your browser’s cache & cookies, close out your browser, reopen a new page, & try logging on again.
— Vanguard (@Vanguard_Group) January 25, 2021
We are experiencing longer than normal wait times. Another option is to initiate a secure chat session on https://t.co/qhBf0xBV2z
— Charles Schwab Corp (@CharlesSchwab) January 25, 2021
We are here to help if you are having trouble logging in! For recovering a user ID or resetting a password: https://t.co/livTM4jAvc If still unable to log in, we will need to provide further login help by phone at 1-800-669-3900 for 24/7 support. ^ZR
— TD Ameritrade (@TDAmeritrade) January 26, 2021
Stock market winners
The stock price of AMC Entertainment Holdings (NYSE: AMC) surged 25.93% to $4.42 per share. The stock climbed an additional 10.18% to $4.87 per share after-hours.
