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Wall Street Market Update
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.
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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Call us ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH
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Follow @Epic_Research
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