Dow Jones Tops 30,000 Again as Boeing and Walgreens Stocks Soar
The Dow Jones Industrial Average (DJINDICES: ^DJI) jumped on Thursday despite a worsening coronavirus pandemic and uncertainty over a new stimulus bill. The U.S. reported just over 200,000 cases of COVID-19 on Wednesday, according to Johns Hopkins University. There are now over 100,000 related hospitalizations in the U.S., and the daily death toll set a pandemic record on Wednesday. The troubling numbers may make additional economy-crippling lockdown measures more likely.
The Dow was up 0.52% at 12:20 p.m. EST Thursday, getting a big boost from Boeing (NYSE: BA) and Walgreens Boots Alliance (NASDAQ: WBA). Boeing stock soared after Ryanair committed to buying another 75 Boeing 737 MAX planes, and Walgreens stock surged on no meaningful news.
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Source Fool.com
