Dow Surges Past 30,000 For First Time In Historic Milestone

  • 📰 NPR
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

The Dow powered past 30,000 for the first time ever today. The milestone comes after the GSA ascertained President-elect Biden as the apparent winner of the election, beginning the formal transition process.

The Charging Bull statue is shown in New York's financial district on Sept. 8, 2020. The Dow surpassed 30,000 points for the first time after President Trump allowed the transition process to begin.The Charging Bull statue is shown in New York's financial district on Sept. 8, 2020. The Dow surpassed 30,000 points for the first time after President Trump allowed the transition process to begin.

The Dow was up 1.5% at 30,022 points as of mid-morning trading. The S&P 500 was up 1.4%, while the Nasdaq Composite Index was up 1%.Shares are headed for big gains this month as progress on developing a vaccine from several companies is raising hopes for a return to normalcy for the global economy, even as a spike in coronavirus cases is raising concerns about the short-term outlook.

Shares gradually began to recover in April, in part because of quick action by the Federal Reserve and Congress, which set up lending programs for businesses and local governments, while also providing critical support to markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No one is president-elect until the electors have voted, or the opponent concedes.

Money please

trading yu-gi-oh cards for trust fund babies

‘The Dow turned 30 today’ is more accurate, as it’s growth is as reliable as aging. It’s hardly an indicator of anything beyond the continued existence of the market and time still being A Thing. Stop it.

Please walk backwards into a woodch*pper.

I went to the homeless encampment by my house and told them the good news! They were very excited!

Regular people are having trouble paying rent and eating, but fun!

So this means everyone gets free healthcare now or what?

Doesn't mean shit to 99% of us.

congrats i guess?

i cant pay my rent, medical bills, or feed myself. this owns!

Again.....if you people look at the stock market and think our country is doing wonderfully.....you haven’t seen the food bank lines go on for miles and miles. 90% of the country does NOT invest in the stock market. People are poor and starving!

people are broke

who care

Oh joy. Rich people are even richer. I can hardly contain myself.

Wow, a record high despite a lot of contraction everywhere else, where have I heard this before?

🚨NO 🇺🇸 STIMULUS VOTE GOP SENATE OVER 100 DAYS Dow hits 30,000 for first time ever (+62% since March 23) “Meanwhile, thousands wait in line for free food in Houston. Food banks across the US warn of growing need. Over 20 million are on unemployment aid”

there's food lines that stretch for miles in like half the country.

From the top make it drop

Empty. We still have food lines and people suffering. More evidence that DOW is completely unrelated to economic well-being.

I hope everybody realizes you can yolo $100 on robinhood trading options. Stock market isn’t just a finance guys thing. Poor people can play too.

Very concerning how much big business and defense stocks have gone up in the past two weeks. Is Biden planning for war?

This is a perfect example of how disconnected the stock market is from material reality

*laughs at liberals that think this is some kind of own, even though everyone is suffering*

Thanks Trump!!

Just the start for the Biden Harris Transition.

'Since the election...' Thanks PEOTUS Joe!

Fugazi fugazee its fairy dust

Opportunistic Propaganda

unfettered capitalism is dying. nothing will go back to normal. corporate tyranny or revolution.

FFS From The Onion, 20+ years ago:

The milestone came under Trump’s presidency

I banks already trying to take credit. Outta my face, SATIN

tinalynnro Thank you JoeBiden 👏👏👏👏👏👏

The biggest financial asset bubble in human history gets even bigger!

realDonaldTrump The market speaks!

Millions are facing utility shut offs, evictions, job loss, and starvation. Meanwhile we pass a $680B military budget while they’re waiting on the trickle down that will never happen.

THE MARKETS LOVE THE FACT THAT realDonaldTrump CONCEDED!!! ByeByeTrump BIDENWON TRUMPLOST TRUMPCONCEDED THANKSFORCONCEDING ByeDon

Very excited for Harvard Ivyton IX’s stock portfolio

It did not hit 30 k because of anything to do with GSA transfer process. Misinformation linking the two

The markets show they hate realDonaldTrump and his bid to overturn

More likely the news of 3 vaccines being ready is causing the rally. Not some ancient swamp rat taking over.

Thank you, GSAEmily! NOT

Thanks Biden!

Millions are facing utility shut offs, evictions, job loss, and starvation. Meanwhile we pass a $680T military budget while they’re waiting on the trickle down that will never happen.

Trump economy, right?

Told ya so.

The rich are getting richer already under the Biden administration!

Stock market sees a positive outlook from Biden's nominations of experience & respected cabinet members WhiteHouse DonaldJTrumpJr

good luck

Thank you, President JoeBiden !

SWEET! Now I can...NM it makes no difference to almost all of US you Schmucks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 96. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.