Investors also appeared to approve of Biden's treasury nominee, Janet L. Yellen, who had served as the chair of the Federal Reserve from 2014 to 2018, leading the agency during the Obama and Trump administrations.

November's rally has been fueled by the political clarity brought by the presidential election, but also by multiple breakthroughs in the development of a coronavirus vaccine.

Back in 2016 Bruno Mars introduced the world to his version of 24 Karat. Guess today Joe Biden's popular choices to work on his presidential policy team ups the bar to 30K.

(PS: The stock market is still not analogous with the overall economy, it's simply one indicator amongst many)

In honor of Bruno, here's a little 2020 remix:

30,000 Karat

Tonight
I just want to take you higher
Throw your hands up in the sky
Let's set this Administration off right

Pop pop, it's show time (show time)
Go time (go time)
Guess who's back again? [Joey B!]
Oh they don't know? (Go on tell 'em)
Oh they don't know? (Go on tell 'em)
I bet they know soon as we walk in [wit Jill] (showin' up)

Wearing Cuban links [Sec DHS} (ya)
Designer minks [Look at all the ladies in power positions](ya)
Inglewood's finest shoes [Kamala's Chuck Taylor's] (whoop, whoop)
Don't look too hard might hurt ya'self [Wear some Ray Bans, yo]
Known to give the color red [states] the blues [Georgia, Arizona, WHAT, WHAT?!?]

Oh ----, I'm a dangerous man with some money in my pocket [thanks small donors!] (keep up)
So many pretty girls around me and they waking up the rocket [I owe you so much ladies!] (keep up)
Why you mad, fix ya face [Rudy Colludy], ain't my fault y'all be jocking (keep up)
Players only, come on
Put your pinky rings up to the moon

Girls, what y'all trying to do?
Thirty thousand karat magic in the air
Head to toe so player
Uh, look out!

Dow closed at 30,046.24.

Thanks Joe - from the investor class.