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President Trump: "I just want to congratulate everybody. The stock market Dow Jones Industrial Average just hit 30,000 which is the highest in history. We've never broken 30,000 and that's just despite everything that's taken place with the pandemic."
Trump congratulated his administration and, "most importantly," the American people for the milestone, and then walked out of the room. The entire event lasted just over one minute, which CNN's Jim Acosta described as the "shortest briefing ever." Reporters, as has been the case for the past several weeks, fired questions at him to no avail and were left scratching their heads.
Gains this week for the Dow come were mostly fueled by fresh reports on progress toward a vaccine, with the University of Oxford and AstraZeneca saying their coronavirus vaccine candidate was found to have as much as a 90% efficacy rate in preventing infections without serious side effects in a late-stage trial
This brought to you by Operation Warp Speed so yes, thank you President Trump.
The Dow’s DJIA, 1.41%, on Tuesday, was sparked by further news of progress on an effective remedy for COVID-19 and progress toward a transition to the presidency of former Vice President Joe Biden.