2 monthes ago | By Star Tribune

Dow closes above 30,000 for the first time ever on Biden-transition rally

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US equities jumped on Tuesday after the General Services Administration's ascertainment of President-elect Joe Biden's victory lifted investor sentiments.
The Dow Jones industrial average climbed above 30,000 for the first time, marking a rapid comeback after the index sank as low as 18,213 in March.
The GSA announced Monday afternoon that it would provide the "resources and services" needed to start Biden's transition to the White House. It's the clearest sign yet that the Trump campaign accepted its loss in the 2020 race.
Bitcoin surged above $19,000 for the first...
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Billionaire investor Byron Wien says the stock market may be getting ahead of itself as the Dow passes 30,000 - but tells long-term investors not to worry

2 monthes ago | By Business Insider

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Billionaire investor Byron Wien told CNBC that the stock market may be getting ahead of itself as the Dow passed 30,000 for the first time ever on Tuesday.
"I'd have a degree of caution here," Wien said. "But I think we're in a long-cycle that's going to last several years."
The Blackstone Advisory Partners vice chairman said the economy will continue to expand and long-term investors will be rewarded if they're "patient."
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Billionaire investor Byron Wien told CNBC that the stock market may be getting ahead of...
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Dow Jones Average Hits 30,000 For First Time As Wall Street Bets On 2021 Bounce

2 monthes ago | By The Huffington Post

Optimism that COVID-19 vaccines will open the way to economic recovery next year fueled Wall Street's rebound from a pandemic-driven crash this year.
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Dow Jones Tops 30,000 For First Time Ever As Biden Transition Points To More Stable Future

2 monthes ago | By CBS

The Dow Jones Industrial Average crossed the 30,000 threshold for the first time ever on Tuesday morning. Morning trading saw the Dow up 400 points. Trading continued in that rarified air into the afternoon.
The rise is seen as reflecting the market's optimism in a more stable future. Multiple different events have contributed to that view.
The General Services Administration is letting President-elect Joe Biden move forward with the formal transition process. This gives Mr. Biden access to key funding, office space, classified intelligence briefings and agencies. President Donald Trump...
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EXPLAINER: Why the Dow topped 30,000 for the first time

2 monthes ago | By Star Tribune

Wall Street busted through its latest milestone Tuesday, when the Dow Jones Industrial Average topped 30,000 for the first time.
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Trump lauds Dow Jones passing 30,000 in short White House briefing

2 monthes ago | By New York Post

President Trump convened a sudden news conference that lasted less than a minute on Tuesday to laud the Dow Jones crossing the 30,000 mark for the first time in history. “The stock market's just broken 30,000. Never been broken - that number. That's a sacred number 30,000. Nobody thought they'd ever see it,” Trump said...
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Dow crosses 30,000 for the first time ever

2 monthes ago | By Fortune

Happy Thanksgiving indeed.
The Dow Jones Industrial Average crossed the 30,000 threshold for the first time ever Tuesday, capping an astounding run from the depths of the pandemic last spring when the index bottomed out just above 18,000.
Investors were feeling optimistic on three fronts. First, vaccine optimism was flowing Monday with the announcement that a third candidate from AstraZeneca was up to 90% effective. Second, news late Monday that the Government Services Administration, which had been stalling the transition from the outgoing Trump Administration to the incoming Biden...
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