NEW YORK, Jan. 21 (Xinhua) -- U.S. stocks ended higher on Wednesday.
The Dow Jones Industrial Average rose 588.64 points, or 1.21 percent, to 49,077.23. The S&P 500 added 78.76 points, or 1.16 percent, to 6,875.62. The Nasdaq Composite Index increased by 270.5 points, or 1.18 percent, to 23,224.82.
All 11 primary S&P 500 sectors ended in green, with energy and materials leading the gainers by going up 2.38 percent and 1.87 percent, respectively. Utilities posted the smallest gain at 0.2 percent.
