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Covid-19 vaccine excitement lifts market mood, drives Russell 2000 and STI up

Investors should be prepared to rotate holdings as the novel coronavirus story shifts, or maintain exposure to a suitable index

Ben Paul

Published Sun, Nov 29, 2020 · 09:50 PM

Mark to Market

US President Donald Trump has been keeping a low profile since failing to get himself re-elected, but he held a very brief and rather strange press conference this past week to crow about the Dow Jones Industrial Average (DJIA) piercing the 30,000 mark.

"We've never broken 30,000. And that's despite everything that's taken place with the pandemic," he said, during the media outing that lasted barely a minute.

"That's a sacred number: 30,000. Nobody thought they'd ever see it," he added.