Dow Jones Tops 30,000 For First Time Ever As Biden Transition Points To More Stable Future

(CBSNewYork) — The Dow Jones Industrial Average crossed the 30,000 threshold for the first time ever on Tuesday morning. Morning trading saw the Dow up 400 points. Trading continued in that rarified air into the afternoon.
The rise is seen as reflecting the market’s optimism in a more stable future. Multiple different events have contributed to that view.
The General Services Administration is letting President-elect Joe Biden move forward with the formal transition process. This giv