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U.S. stocks close on record highs on Biden's inauguration Updated: 2021-01-21 16:08:00 KST

U.S. stock markets hit new records on Wednesday local time the day Joe Biden became the 46th president of the United States.
On high hopes for the Biden administration's 1.9 trillion dollar stimulus plan, the benchmark S&P 500 ended the day up 1.4 percent at 3,852 the Dow up nearly 1 percent to 31,188, while the tech-heavy NASDAQ closed nearly 2% up at 13,457.
Meanwhile, South Korea's benchmark KOSPI added 1.5 percent to a record 3,161 while the KOSDAQ increased by zero.4 percent to 981.
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