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US stock futures point higher after Dow broke 30,000 as investors cheer vaccines, Biden's new administration
1 month ago - By Business Insider
A man rides the Wall street bull near the New York Stock Exchange.
Spencer Platt/Getty Images
US stock futures point to a modestly higher start to trade later, after the Dow Jones crossed 30,000 for the first time on Tuesday, lifted by optimism over a vaccine and Biden's picks for his administration.
European markets encountered some profit-taking, nudging the FTSE 100 and the DAX down by around 0.2%, while oil prices extended this week's rally, rising for a fourth day to their highest since early March.
Markets will be encouraged and incentivized to take more risk. "Eventually, there will...
Read more ...US stock futures point higher after Dow broke 30,000 as investors cheer vaccines, Biden's new administration
1 month ago - By Business Insider
Summary List Placement
US stock futures pointed to a potentially record-breaking start to trade on Wall Street later on Wednesday, buoyed by optimism that a solution for COVID-19 will deliver the global economy from deeper harm.
The Dow Jones closed above 30,000 points for the first time in history on Tuesday, buoyed by a cocktail of optimism over the rollout of a COVID-19 vaccine and much more clarity on the political front, after President Donald Trump appeared to clear the way for Joe Biden's administration to start its transition process.
President-elect Biden has already started to...
Read more ...Historic Milestone: Dow Surges Past 30,000 Points For 1st Time
1 month ago - By NPR
The Dow Jones Industrial Average and S&P 500 hit new highs Tuesday. But millions of Americans are out of work and COVID-19 cases are soaring, with no relief in sight. Why are investors optimistic?
Read more ...Global shares mostly higher after Dow crests 30,000
1 month ago - By Stl Today
TOKYO - Global shares mostly rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood.
Read more ...Treasury yields dip following record Dow rally
1 month ago - By CNBC
U.S. Treasury yields fell on Wednesday after the Dow Jones stock index broke the 30,000-point mark in the previous session.
Read more ...EXPLAINER: Why the Dow topped 30,000 for the first time
1 month ago - By Chron
NEW YORK - Wall Street busted through its latest milestone Tuesday, when the Dow Jones Industrial Average topped 30,000 for the first time.
The Dow rose 454.97 points, or 1.5%, to close at 30,046.24. Investors were encouraged by progress in the development of coronavirus vaccines and news that the transition of power to President-elect Joe Biden is finally beginning. Traders also welcomed word that Biden has selected Janet Yellen, a widely respected former Federal Reserve chair, as treasury secretary.
The milestone is an attention-grabbing psychological threshold, and it's an encouraging...
Read more ...Asian shares mostly rise after Dow crests 30,000 points
1 month ago - By Stl Today
TOKYO - Asian shares mostly rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood.
Read more ...
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