Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Dow Jones breaks 30,000 barrier for the first time in history

Economies.com
2020-11-24 17:12PM UTC

The major US stock indices continued to rally on Tuesday, as worries over the transition of power in the US faded.

 

President Donald Trump gave the green light for the transition of power to the president-elect Joe Biden's team, which is considered as a main step in Trump's official conceding of the election.

 

The state of Pennsylvania declared Biden the winner in the votes recount, which increased the president-elect's lead over Trump.

 

As for stocks, Dow Jones rose 1.7% or 509 points to 30,097 as of 17:10 GMT, Nasdaq rose 1% or 112 points to 11,993, and S&P 500 rose 1.5% or 55 points to 3,632.

American Markets News

Americas News

Markets

Wall Street inches down as investors assess US trade decisions
2025-07-08 15:31PM UTC
US stock indices declined slightly during Tuesday trading as markets continued to assess the trade ...
Americas News

Markets

Wall Street declines despite positive remarks on trade
2025-07-07 15:38PM UTC
U.S. stock indices declined during Monday trading as markets assessed the latest developments in ...
Americas News

Markets

Wall Street ends higher with both NASDAQ and S&P 500 marking fresh record highs
2025-07-03 18:31PM UTC
U.S. stock indices rose on Thursday in a shortened trading session ahead of a holiday break, with ...