NEW YORK, Jan. 23 (Xinhua) -- Wall Street's major averages advanced in the holiday-abbreviated week as investors assessed the possibility of further U.S. fiscal stimulus under the Biden Administration.
For the week ending Friday, the Dow gained 0.6 percent, the S&P 500 climbed 1.9 percent, and the Nasdaq jumped 4.2 percent. The U.S. markets were closed on Monday in observance of Martin Luther King Jr. Day.
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