Dow up over 270 pts in premarket as Trump allows transition

Tuesday, 24. November 2020 10:25

Shares in the United States traded higher in the premarket on Tuesday after General Services Administration chief Emily Murphy confirmed to President-elect Joe Biden that the US President Donald Trump's administration is ready for a transition process. Trump tweeted that he will "keep up the good fight."

The Dow Jones Industrial Average surged 0.92%, or 271 points, at 4:23 am ET. At the same time, the Nasdaq 100 went up by 0.32%, while the S&P 500 rose by 0.78%. The euro gained 0.33% to the dollar to sell for $1.18779 at 4:24 am ET.

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