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Dow's Rise to 30000 Heralds a Broader Stock Rally The Wall Street JournalTrump brags about Dow 30,000 at surprise news conference, leaves after a minute CNBCTrump unexpectedly held a 63-second press conference Yahoo! VoicesDow Reaches 30K; Watch How These Stocks Defied the Pandemic | WSJ Wall Street JournalStocks climb on Wall Street as Biden transition begins POLITICO
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 President Trump has no events on his public schedule, White House officials said Wednesday, contradicting reports overnight that the president planned to attend an event about election fraud sponsored by Republicans in Gettysburg, Pennsylvania. The White House never confirmed the president's planned attendance, though it was reported by several outlets, including ABC News and Bloomberg. The event was organized by a portion of the commonwealth's Republican lawmakers in order to publicize allegations of election fraud in the Keystone State, where President-elect Joe Biden was certified the winner Tuesday. The so-called "hearing" is not an official act by the Pennsylvania legislature, but organized by the PA Senate Majority Policy Committee, a policy arm of the Pennsylvania Senate's Republican conference.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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U.S. equity benchmarks Wednesday morning saw muted action, a day after the Dow Jones Industrial Average breached 30,000 points for the first time, and as investors readied for pandemic-tinged Thanksgiving on Thursday when U.S. markets will be closed. The Dow Jones Industrial Average lost 90 points, or 0.3%, to trade at 29.960, the S&P 500 index slipped 0.1% to 3,631, while the Nasdaq Composite Index added 25 points, or 0.2%, at 12,061, touching closing record territory for the tech-laden index. Investors in the past week have focused on progress toward COVID-19 vaccines, and abating concerns around the presidential transition of President-elect Joe Biden. In economic reports, Labor Department employment figures showed jobless claims rose for a second consecutive week, a sign that resurging cases of COVID are taking a toll on the labor market. Meanwhile, durable goods orders rose by more than forecast. A number of other economic reports are set for today, pulled forward because of the Thanksgiving holiday on Thursday and Black Friday in the U.S. The Federal Reserve's meeting minutes from its meeting earlier this month will be released at 2 p.m.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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