Major Wall Street indexes are closing higher

The three major indices of US stocks rose today as a new stimulus package for relief from the coronavirus epidemic is expected under the administration of Democratic-elect US President Joe Biden as small businesses, financial, industrial and energy sectors benefit.

Energy stocks rose 3% as oil prices rose, and shares of US auto maker General Motors rose 6% to record their highest levels in a decade after CEO Mary Barra outlined plans for the first electric commercial trucks to be delivered to FedEx Corp by the end of the year.

The Dow Jones Industrial Average rose 65.96 points, or 0.21%, to 31074.65 points, and the Standard & Poor's 500 Index rose 2.25 points, or 0.06% to 3801.86 points, and the Nasdaq Composite Index rose 27.94 points, or 0.21% to 13064.37 points.