Tuesday, November 24, 2020

Winning: Dow closes over 30,000 for first time

The Donald Trump economy continues to roar.

From CNBC:

U.S. stock futures rose slightly on Tuesday night following a banner day for three of the for major market benchmarks. 

Dow Jones Industrial Average futures traded higher by 21 points, or 0.1%. S&P 500 futures also climbed 0.1% and Nasdaq 100 futures advanced 0.2%. The Dow broke above 30,000 for the first time on Tuesday, rallying more than 400 points. 

Tuesday’s rally put the Dow on pace for its biggest monthly gain since 1987, up more than 13%. 

“The Dow passing 30,000 represents achievement of an arbitrarily-set milestone, but it also captures the sentiment of the moment for investors,” said Scott Knapp, chief market strategist at CUNA Mutual Group.

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