Markets Close Higher on Inauguration Day

Stocks are ending higher, recouping much of the market's loss from a day earlier and breaking a 5-day losing streak for the Dow Jones industrial average, the AP reports. Traders were keeping a close eye on the inauguration of Donald Trump as US president and on corporate earnings. Materials and phone companies led the gainers, while health care stocks fell. Procter & Gamble rose after releasing a strong growth forecast, while General Electric fell after the conglomerate reported fourth-quarter revenue that fell short of analysts' estimates. The Standard & Poor's 500 index rose 7 points, or 0.3%, to 2,271. The Dow climbed 94 points, or 0.5%, to 19,827. The Nasdaq composite gained 15 points, or 0.3%, to 5,555. (More Dow Jones stories.)