US President Donald Trump congratulated Americans and his administration on the вЂњabsolutely incredibleвЂќ value of the Dow Jones.
The Dow Jones and S&P 500 stock indices on the basis of trading on Tuesday, November 24, updated record highs amid official news about the transfer of power in the United States and progress in the development of vaccines against coronavirus. This is reported by The Wall Street Journal with reference to auction data.
In particular, the Dow Jones Industrial Average rose 1.5% and exceeded 30,000 points for the first time in history. According to the publication, in November, the index may show the maximum monthly increase since 1987.
The S&P 500 on Tuesday rose 1.62% to 3635.41 points. And in general in November вЂ” by 11.2%.
US President Donald Trump reacted to such an increase in stock indices. During a press conference at the White House, he congratulated Americans and his administration on the "absolutely incredibleвЂќ value of the Dow Jones.
вЂњThis is the 48th time we have broken a record during the Trump administration,вЂќ he said.