NEW YORK, Jan. 20 (Xinhua) -- Wall Street's major averages closed at new record highs after Joe Biden was sworn in as the 46th U.S. president.
The Dow Jones Industrial Average rose 257.86 points, or 0.83 percent, to 31,188.38. The S&P 500 increased 52.94 points, or 1.39 percent, to 3,851.85. The Nasdaq Composite Index jumped 260.07 points, or 1.97 percent, to 13,457.25. All the three major indexes notched their respective record closes.
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