Dow hits 30,000 points for first time as US stocks boom

New York (AFP) – The Dow surged past 30,000 points for the first time Tuesday as receding US political uncertainty and hopes for coronavirus vaccines offset worries over spiking Covid-19 cases.After crossing the threshold in mid-day trading, the blue-chip Dow Jones Industrial Average retreated slightly but was up 1.3 percent at 29,987.06 around 1930 GMT.The broad-based S&P 500 also gained 1.5 percent to 3,632.31, while the tech-rich Nasdaq Composite Index advanced 1.2 percent to 12,022.31.Investors now feel more reassured that the United States can avoid a constitutional crisis over the transi…

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