The Dow Jones index exceeded 30,000 points for the first time in history

News

The Dow Jones index exceeded 30,000 points for the first time in history

27.11.2020 News

The Dow Jones and S&P 500 stocks hit record highs on Tuesday, November 24 amid official news of the transfer of power in the United States and progress in the development of coronavirus vaccines.

In particular, the Dow Jones industrial index rose by 1.5% and for the first time in history exceeded 30,000 points. According to the publication, in November the index may show the maximum monthly increase since 1987.

The S&P 500 rose by 1.62% to 3,635.41 points on Tuesday. And in general in November – by 11.2%.

US President Donald Trump reacted to such an increase in stock indices. During a press conference at the White House, he congratulated Americans and members of his administration on the “absolutely incredible” importance of the Dow Jones.

“This is the 48th time we have broken a record during the Trump administration,” he said.

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