Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indexes  >  USA  >  DJ Industrial    DJI

DJ INDUSTRIAL

(DJI)
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Dow touches 30,000 in global stock surge

11/24/2020 | 01:51pm EST

Break out the party hats.....the Dow jumped to an all-time high in early Tuesday trading - touching the 30,000 mark for the first time in history.

The rally was mostly fueled by a sense of relief.

There are now three possible COVID-19 vaccines making their way to regulatory approval and that's fueling hopes the worse of the pandemic will soon be in the rear-view mirror.

With that in mind, Wall Street is betting on a stronger economic recovery next year.

Investors are also relieved that the fraught political stand-off in the U.S. appears to be reaching a conclusion. President-elect Joe Biden was given the formal go-ahead on Monday for his transition to the White House, ending weeks of political uncertainty.

Sources say he's lined up former Federal Reserve Chairman Janet Yellen, a market favorite, to run the Treasury, if confirmed.

Markets are betting that with Yellen at the Treasury and Jerome Powell at the Fed - more stimulus will be coming next year.

And for many, that stimulus can't come fast enough. There are still millions of Americans who are out of work and extra jobless assistance is due to run out at the end of the year. A new round of business disruptions could force some to close their doors for good and send more to the unemployment line.

But investors are betting the pain will be short-lived thanks to the vaccines.

And it's not just the Dow hitting a record high on all the optimism. A global stock market index is trading at a record high as well - as investors around the world bet the global economy is likely to be stronger in 2021 once the virus is under control.


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.57% 30996.98 Delayed Quote.1.86%
NASDAQ 100 -0.29% 13366.396971 Delayed Quote.3.71%
NASDAQ COMP. 0.09% 13543.061633 Delayed Quote.4.99%
S&P 500 -0.30% 3841.47 Delayed Quote.2.27%
All news about DJ INDUSTRIAL
01/22WALL STREET STOCK EXCHANGE : Dow, S&P 500 dragged lower by Intel, IBM
RE
01/22Tech shares could retake market reins as earnings heat up
RE
01/22Weak data, earnings drag stocks lower; oil falls
RE
01/22Morgan Stanley CEO James Gorman Got a Big Raise for 2020
DJ
01/22Dow, S&P 500 Decline But Post Gains for the Week
DJ
01/22Dow, S&P close lower as IBM, Intel weigh, coronavirus concerns rise
RE
01/22Equities End Mixed on Concerns of Rising COVID-19 Cases, Reports of Deadlier ..
MT
01/22CLOSE UPDATE : Nasdaq Leads Indexes Higher for Week as Stocks End Friday Mixed
MT
01/22Dow Drops But Notches Weekly Gain
DJ
01/22US Oil Rig Count Rises by Two, Marking Seventh Straight Weekly Gain
MT
More news
News of the index components DJ INDUSTRIAL
08:34aBOEING : U of Louisiana-Lafayette mini-satellite zipping around Earth
AQ
01/22JPMORGAN CHASE : Insiders at JPMorgan Chase & Co (JPM) Make Significant Stock Sa..
MT
01/22WALMART : Insider Selling at WalMart (WMT) Continues with Significant Sale
MT
01/22AMERICAN EXPRESS : Sungjae Im shoots 65, takes lead at The American Express
AQ
01/22GOLDMAN SACHS : Section 16 Filings of our Executive Officers and Directors
PU
01/22SALESFORCE COM : How Tech Can Help with the COVID-19 Vaccination Campaign
PU
01/22Labor Groups Push Biden Administration on Union-Friendly Priorities
DJ
More news
Chart DJ INDUSTRIAL
Duration : Period :
DJ Industrial Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DJ INDUSTRIAL
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Top / Flop DJ INDUSTRIAL
THE HOME DEPOT, INC. 284 Delayed Quote.1.77%
SALESFORCE.COM, INC. 225.77 Delayed Quote.1.62%
APPLE INC. 139.07 Delayed Quote.1.61%
JOHNSON & JOHNSON 163.55 Delayed Quote.1.13%
WALMART INC. 146.33 Delayed Quote.1.02%
NIKE, INC. 139.35 Delayed Quote.-1.60%
THE TRAVELERS COMPANIES 145.84 Delayed Quote.-1.94%
UNITEDHEALTH GROUP 347.55 Delayed Quote.-2.10%
INTEL CORPORATION 56.66 Delayed Quote.-9.29%
INTERNATIONAL BUSINESS MACHINES CORPORATION 118.61 Delayed Quote.-9.91%
Heatmap :