"A seminal moment. It is just a number but it is a big number, it is certainly a flashy number," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York. "There is a real belief that Trump is real, he has been extremely active these first couple of days of the presidency and a change may happen faster than people had thought. ET (1433 GMT), the Dow was up 97.59 points, or 0.49 per cent, at 20,010.3, the S&P 500 was up 10.33 points, or 0.45 per cent, at 2,290.4 and the Nasdaq Composite was up 38.17 points, or 0.68 per cent, at 5,639.13.The S&P and the Nasdaq also hit record intraday highs.Advancing issues outnumbered decliners on the NYSE by 1,883 to 736. On the Nasdaq, 1,706 issues rose and 500 fell.The S&P 500 index showed 51 new 52-week highs and no new lows, while the Nasdaq recorded 96 new highs and five new lows.

Source: Economic Times January 25, 2017 14:45 UTC