"Janet Yellen's statement that the United States needs a big stimulus push has pumped markets across the globe, including India," said Ajit Mishra, vice president, research at Religare Broking
Brent crude was up 53 cents, or 1%, at $56.43 a barrel
The move would represent another set-back for the beleaguered Canadian energy industry, kill thousands of jobs and marks an early bump in Biden's relationship with key trade partner Canada
Yellen on Tuesday said pandemic relief would take priority over tax increases
China remains the main source of India's imports, with the US at a distant fifth place
US President-elect Joe Biden and Vice President-elect Kamala Harris on Wednesday arrived for the historic inauguration at the West Front of the Capitol
US President-elect Joe Biden and Vice President-elect Kamala Harris along with their family members attended a prayer meeting at a local historic church in downtown Washington DC
Trump will be the first president in modern history to boycott his successor's inauguration
US Treasury Secretary nominee Janet Yellen on Tuesday urged lawmakers to "act big" on pandemic relief spending
The Nasdaq Composite rose 145.4 points, or 1.10%, to an all-time high of 13342.548 at the opening bell
British Prime Minister Boris Johnson welcomed the start of a new UK-US chapter on Wednesday
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US has seen a near-death experience as a democracy. Americans who will watch the new president be sworn in are now acutely aware of how much it needs to be protected
Biden set to sign a series of executive orders, that will return US to Paris Climate Accord and the World Health Organization, and revoke the approval of the Keystone XL oil pipeline
EU officials warned that the world has changed after four years of Donald Trump and that Trans-Atlantic ties will be different in the future
Indices recoup most of the losses of last 2 sessions
Joe Biden, hours after being sworn in as the 46th President, will send a comprehensive immigration bill to Congress
If history is any guide, the stock market should give Biden a warm welcome. The S&P 500 has risen in the first 100 calendar days in eight of the last 10 presidential terms
Biden is under significant pressure to turn his pledges of unity and competence into results - and swiftly
Trump, 74, will bid farewell to the White House hours before President-elect Joe Biden is inaugurated