Advances in corona vaccines and political news are fueling American stock exchanges.
The New York Stock Exchange
The US leading index Dow Jones Industrial broke the 30,000 point mark on the New York Stock Exchange for the first time in its history. At around 5:25 p.m., the barometer climbed 1.40 percent to 30,006.42 points.
The prestigious share barometer received a tailwind from further advances in promising corona vaccines and the hope of their early introduction.
Furthermore, the fact that the incumbent US President Donald Trump is likely to admit his electoral defeat also seems to be fueling. Trump had instructed the authorities and his employees to cooperate in the transition process to the new administration of the election winner Joe Biden.
Media reports also provided positive impetus, according to which former Federal Reserve chief Janet Yellen is to be the first woman to take over the leadership of the US Treasury. “This means that the cooperation between the US Federal Reserve and the Treasury Department should be cooperative and silent,” commented a market observer.
The broader S&P 500, which is more widely regarded by active dealers, increased by 1.40 percent to 3,627.71 units. For the tech-heavy Nasdaq-100, it went up 1.00 percent to 11,999.15.