The 30-stock Dow Jones Average soared 476 points (1.6%) today, hitting 30,000 for the first time in its history. It was trading at 30,116.51 as high of the day.
Janet Yellen was announced as the Treassury Secretary of the President-elect Biden’s administration. Stock is up since the election. DJI average is soaring on positive news of vaccine and getting to normalcy in 2021. Several travel, restaurants, leisure and tourism sector is up today as well.
On this historic day, unfortunately Bank of America’s Merrill Lynch is down.