Dow Jones hits 30,000 points for first time in history amid vaccine hopes, Biden transition

The Dow Jones Industrial Average surged past 30,000 points for the first time in history Tuesday, a day after the Trump administration finally agreed to start the transition process to President-elect Joe Biden.

Investors also appeared encouraged by a series of hopeful developments in the race for a coronavirus vaccine, even as health experts predict a massive surge of infections this holiday season.

This is a developing story. Please check back for updates.

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