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The Dow climbed above 30,000 and Wall Street rallied to new highs as political uncertainty faded and investors focused on economic growth.

Tuesday, November 24, 2020 4:22 PM EST

The S&P 500 rose 1.6 percent, passing a high reached earlier in the month.

Stocks have been buoyed this month by a number of factors. President-elect Joe Biden’s clear victory and the Trump campaign’s failed efforts to undermine that result, mean the political uncertainty that once concerned investors is largely gone. And promising developments in the race for a coronavirus vaccine have investors focusing on the prospect of a return to normal.
The New York Times