Dow Jones Closes Above 30,000 For The First Time Ever

Off the floor: How Dow Jones has seen gains over last six months - although with some precipitous falls

Reuters: Dow Jones hits 30,000 as Wall Street bets on 2021 bounce 

(Reuters) - The Dow Jones Industrial Average breached the 30,000-mark for the first time on Tuesday, as optimism that COVID-19 vaccines will open the way to economic recovery next year fueled Wall Street’s rebound from a pandemic-driven crash this year. 

Global stock markets sank in February and March as the novel coronavirus spread across Europe and the United States, abruptly halting a bull run that dates back to the aftermath of the 2008 financial crisis. 

While U.S. economic activity is reeling from the damage inflicted by lockdowns and employment is at levels last seen in 2015, a raft of monetary and fiscal stimulus has powered Wall Street’s main indexes back to record highs. 

The technology-heavy Nasdaq is trading just around 12,000 points after crossing 10,000 for the first time in June, while the S&P 500 has soared 65% since crashing to a more-than-three-year low in March. 

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 More News On The Dow Jones Closing Above 30,000 For The First Time Ever 

Dow crests 30,000 points on vaccine hopes, Biden transition -- AP 

Dow scales 30,000 on vaccine headway, Biden transition -- Reuters 

Stock market rally pushes Dow Jones to record high of 30,000 -- The Guardian 

Market milestone: Dow closes above 30,000 for the first time ever -- Al Jazeera 

Donald Trump hails Dow Jones breaking 30,000 for first time in one-minute address calling it 'a sacred number' - despite claiming Joe Biden's victory would crash the markets -- Daily Mail 

EXPLAINER: Why the Dow topped 30,000 for the first time -- AP