![dow on january 5 2017 dow on january 5 2017](https://www.televisory.com/documents/10182/0/GE1.png)
The Nasdaq Composite opened higher by 1.03%.The Dow Jones Industrial Average opened higher by 0.8%.Additionally, the Department of Energy announced a new $160 million federal investment in hydrogen technology ahead of the inauguration.įor more, read the brief on hydrogen stocks here. These moves should broadly invigorate bulls in alternate energy and other green stocks.īut where do hydrogen plays specifically come in? The Biden plan calls for massive investments in clean energy infrastructure, potentially including the buildout of hydrogen charging stations. This week he will rejoin the Paris climate deal, and also looks likely to scrap permits for the Keystone XL pipeline. And based on his agenda for just his first few days in office, he will be an historically pro-climate leader. This is because many investors see Biden as a particularly pro-climate president.
![dow on january 5 2017 dow on january 5 2017](https://www.investopedia.com/thmb/RKzI1wpOEtY47p6tNxniI8mzghI=/1024x692/filters:fill(auto,1)/GettyImages-84373860-79a1b12925be436eaba9a96f9655fdec.jpg)
In fact, leading names like Plug Power (NASDAQ: PLUG), FuelCell Energy (NASDAQ: FCEL), Fusion Fuel (NASDAQ: HTOO) and Bloom Energy (NYSE: BE) are trekking higher today. President-elect Joe Biden will take office this week, and hydrogen stocks are celebrating. Hydrogen Stocks Trek Higher Ahead of Inauguration Crypto bulls will note that the move comes alongside broad support for the space, especially as President-elect Joe Biden unveils a $1.9 trillion stimulus plan.įor more, read the brief on ethereum price predictions here.
![dow on january 5 2017 dow on january 5 2017](https://image.cnbcfm.com/api/v1/image/106446674-1584389715477img_10_57_10_857655_1000-1584389535179.jpg)
4 Stocks to Buy for the Long-Term Digital Fitness Trend.