Dow Hits New All-Time High

The Dow Jones Industrial Average index surged on Tuesday, supported by gains by major stocks listed on the New York Stock Exchange (NYSE), or Wall Street, as well as the beginning of the transition from the Trump administration to that of President-elect Joe Biden.

The index broke the 30,000-point mark for the first time in history earlier.

Now, the index is up by more than 481 points, or 1.63%, at 30,072.70 points.