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Wall Street trading has hit a new high. For the first time, the Dow Jones Industrial Average has passed the 30,000 point milestone.
A Wall Street stock trader capped at “Dow 30 | 000”. During the trading day, the Dow Jones Industrial Average reached a new high.
The upward trend of the past few days after the positive vaccine news continued Tuesday. The news that former central bank governor Janet Yellens is said to be the new finance minister is also viewed as positive by investors on the New York Stock Exchange.
The surge after the presidential election means that US equity markets are now on track to their best development for a November since 1980.
At the company level, there was a sharp increase for aircraft maker Boeing, which rose 3.3 percent after the company received the go-ahead from European authorities for the 737 Max aircraft type, which it was banned from flying. Other winners were electric car maker Tesla, which was up 6.4 percent, and major bank Citigroup, which was up 6.4 percent.
The Dow Jones Industrial Average was up 1.5 percent, the Nasdaq Composite Index was up 1.3 percent and the S&P 500 was up 1.6 percent.
