The Dow was up more than 400 points, or 1.4%, in late morning trading. The blue chip index hit a new all-time high in the process, finally topping the 30,000 mark.The latest catalyst: It appears that a formal transition from President Donald Trump to President-elect Joe Biden is finally underway. News came Monday that the General Services Administration is starting the so-called ascertainment process, which allows Trump administration officials to coordinate with the Biden team.
FULL SHOW 11/18/2020: Stocks rise on vaccine optimism 20:09The S&P 500 and Nasdaq were both higher on Tuesday as well. So was the Russell 2000, an index that is home to smaller American companies that are expected to benefit from a rebound in the US economy.Read MoreOil prices rallied as well, lifting big energy stocks like Occidental Petroleum and Marathon Oil .
Wall Street is glad Trump got dumped. Looking forward to having a real president again. realdonaldtrump FakePresident Loser
CNN employees don’t know how to read charts. This more than 2 year trend did not start yesterday because of anything Biden said. Have some integrity. People actually believe what you write. factsmatter
Over a quarter million Americans dead as JoeBiden begins transition.
This is very good news. Definitely a happy status. 🤔 the vaccine? Joe Biden? or Trump getting out if office? 😂
The Biden transition didn’t make the Dow jump.
Thank You President Trump :) Biden is an idiot!
Despite being a 'communist,' Biden is certainly much better for the stock market than Trump ever was.
Thanks to PRESIDENT TRUMP... GREATEST POTUS with LINCOLN!
Only implication is Biden is not planning to appoint crazy liberals. Smart and exactly what the election results directed. No one wants extreme actions.
A joke implying these r connected.
EMERGENCY IN FORT WORTH.. RED ALERT... TERROR... MEN TRANSVESTITES AND AFRICANS AND MEXICANS ENTERING HOMES AND BUSINESSES MURDERING ALL THE WOMEN AND GIRLS INSIDE..
Shows you how unreal it is when so many people are unemployed or dying!
12.7% in three years! January 2018 when trump bought a market increase with his 40% tax cut, a trillion in buy backs drove the market to $26,600. At $30,000 that’s 12.7 for almost three years or 4% a year, not much to brag about!
WOMEN AND GIRLS IN FORT WORTH... THEY HAVE STARTED ENTERING HOMES AND BUSINESSES AND MURDERING ALL THE WOMEN AND GIRLS INSIDE, ESPECIALLY MY DAUGHTERS AND GRANDAUGHTERS...
I thought it was supposed to crash if Biden was elected, ha
All thanks to the JoeBiden KamalaHarris winning this election
Thank you Trump!
So much winning!
Thanks Trump!
Thank you realDonaldTrump
Thank you President Trump!
Trump hurt his arm earlier taking credit.
thanks President-Elect Biden
Thanks President Trump!
Thanks BIDEN!!
Follow me promise to follow back immediately
How thick is ur skin actually? If you want to give credit to sleepy Jo but first you please tell Jo reversed back the taxed on China trade deficit. Vomit back the millions to China. Let investors & factories go back to China. Then only u gv credits to sleepy Jo, thick face CNN
Que Trump taking credit tweet
This is why ppl call you fake news
And gas per gallon just went up .24 cents from $1.58.... WTF It'll be upto $3 soon as it was with Obama. Thanks. I like paying more
Its funny how now you somehow tie the stock market to joe biden. You hated realDonaldTrump for even mentioning it. CNN is a joke. By the way realDonaldTrump IS STILL PRESIDENT!!!!!!
Unrelated stories....nice brainwashing CNN
Biden has already started to strengthen the economy.
You don't think anyone believes Biden had anything to do with this do ya
CNN can't go a minute this time without mentioning Biden.
So will it close up like this? This al good but what about all the shops that are not on Public Stock Market? What dose this do for them?
... lookout folks..that bubble gonna burst soon .
Biden has absolutely nothing to do with this. Please ✋
So much for Trump’s theory that the Stock Market would tank if he wasn’t re-elected! He was just trying to put fear into the minds of gullible Americans...
Thank you Trump
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.