President-elect of the United States, Joe Biden, has revealed his pick for treasury secretary.
Image source: The Motley Fool. Cheetah Mobile (NYSE: CMCM)Q3 2020 Earnings CallNov 24, 2020, 7:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day and welcome to the Cheetah Mobile third-quarter 2020 conference call.
The Dow’s journey to 30,000 has been nothing short of remarkable. It’s the latest milestone in a post-election rally that’s been fueled by promising results from three potential COVID-19 vaccines. "The idea that we're hitting Dow 30,000 in a pandemic year, the same year where it almost hit 18,000, is utterly outrageous.” Oanda analyst Craig Erlam told the Wall Street Journal The blue-chip index flirted with 30,000 in February, then the pandemic hit. In March, with much of the U-S in lockdown because of the virus, the Dow fell below 19,000. Since then, the index has soared more than 60%, setting multiple records along the way. The Dow is now on track to close out its best month since 1987.