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Wall Street traded in record territory as the Biden transition began and investors welcomed the choice of Janet Yellen as Treasury secretary.

Tuesday, November 24, 2020 12:10 PM EST

The S&P 500 rose about 1.5 percent, and by late morning was trading above its most recent closing record of 3,626.91, reached on Nov. 16. The Dow Jones industrial average rose to a new high, crossing above the 30,000 mark for the first time.
The New York Times