Wall Street
US stocks closed higher on Friday in a modest but broad-based
advance as Donald Trump was sworn in as US President, marking the first
time in more than 50 years that a new commander-in-chief has been
welcomed by a rising equity market on his first day in office.
In his speech, Trump said US policy will be to buy American and
hire American, reiterating what he had said many times during this
campaign for the White House.
The Dow Jones Industrial Average snapped a five-session losing
streak, closing up 94.85 points, or 0.48 percent, to 19,827.25. The
S&P 500 gained 7.62 points, or 0.3 percent, to 2,271.31 and the
Nasdaq Composite added 15.25 points, or 0.28 percent, to 5,555.33.
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