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Kiosk 360. The Dow Jones passed the symbolic threshold of 30,000 points on Tuesday, November 24. A first hailed by investors and synonymous with the start of the new Joe Biden era.
The change is already being felt in the United States. The index of the New York Stock Exchange, the Dow Jones Industrial Average, on Tuesday, November 24, exceeded the symbolic mark of 30,000 points at mid-session. Indeed, it went into the green around 5:00 p.m. GMT where it appreciated by 1.68% or 497.60 points, to 30.088.87 points, as reported The gallery this November 25.
While in March, at the start of the coronavirus (Covid-19) pandemic in the United States, the Dow Jones had plummeted, briefly falling below 19,000 points, today the start of the political transition and developments on the front of the health crisis doped him.
And the newspaper recalled that on Monday already, the New York Stock Exchange had ended up. Indeed, the announcement of a vaccine against the coronavirus, then the appointment by the new President Joe Biden of Janet Yellen as Secretary of the Treasury, had given momentum to the Dow Jones which had taken 1.12%. As for the Nasdaq, it had gained 0.22% and the S&P 500 was up 0.56%.
Among the values of the day highlighted, the newspaper evokes the fall of the specialist in the sale of electronic equipment Best Buy (-6.03) despite quarterly results above expectations, the decline of the sports goods distribution chain Dick’s Sporting Goods (-1.97%) despite satisfactory results in the third quarter, the rise of the food giant McCormick (+ 1.39%) after the announcement of the takeover of the hot sauce manufacturer Cholula for 800 million in cash, and the rise of Tesla (+ 3.89%), allowing the electric vehicle maker to reach a market valuation of over $ 500 billion for the first time.
By Fayçal Ismaili