Home » News » Stocks New York End: Biden Victory And Corona Vaccine Push Dow To Record | 11/9/20

Stocks New York End: Biden Victory And Corona Vaccine Push Dow To Record | 11/9/20

NEW YORK (dpa-AFX) – The victory of the Democrat Joe Biden in the US presidential election and a possible breakthrough in the search for a vaccine against the corona virus set new records on the US stock exchanges at the beginning of the week. The leading index Dow Jones Industrial and the market-wide S&P 500 soared to highs in the first few minutes of trading on Monday. Shares that had suffered particularly from the corona pandemic saw price fireworks.

At the closing bell, the Dow Jones Industrial (Dow Jones 30 Industrial) posted a gain of 2.95 percent to 29,157.97 points. The leading index had just barely missed the jump over the 30,000 mark. Before regular trading, the Dow was temporarily indexed above this level. The S&P 500 rose 1.17 percent to 3550.50 points. The technology-heavy NASDAQ 100, on the other hand, lagged noticeably with a minus of 2.16 percent to 11,830.39 points. / Bek / he

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