Dow Jones jumps over 300 pts on Biden transition, rebound hopes

Wall Street opened higher on Tuesday as the formal go-ahead for President-elect Joe Biden’s transition to the White House ended weeks of political uncertainty, while Tesla surged 3.3% to cross $500 billion in market capitalization for the first time. The Dow Jones Industrial Average rose 323.84 points, or 1.09%, at the open to 29,915.11.


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