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Dow rallies more than 400 points to surpass 30,000 for the first time



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The Dow Jones Industrial Average rallied on Tuesday, breaking above 30,000 for the first time amid positive vaccine news, hope for a strong economic recovery in 2021 and easing of political uncertainty as the Trump administration approved the start of the presidential transition.The 30-stock Dow advanced 476 points, or 1.6%. At its high of the day, it traded at 30,116.51. Chevron, JPMorgan Chase and Boeing led the way for the Dow, rising more than 3% each. Meanwhile, the S&P 500 climbed 1.5%, putting it on pace for a record closing high, and the Nasdaq Composite advanced 1%.The small-cap Russell 2000 also hit an all-time high. Tuesday’s gains …

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