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Tags: trump | dow | vaccines | covid

Trump Touts Dow Record High, Vaccines in Brief Remarks

donald trump stands at podium
President Donald Trump speaks to the press in the James Brady Press Briefing Room at the White House on November 24, 2020 in Washington, D.C. (Chip Somodevilla/Getty Images)

By    |   Tuesday, 24 November 2020 01:10 PM EST

President Donald Trump, in a brief statement to members of the White House Press Corps, touted the Dow Jones' record high numbers and said he's "thrilled with what has happened on the vaccine front."

"As the stock market has just broken 30,000, it's never been broken, that number," Trump said early Tuesday afternoon. "Nobody thought they'd ever see it. It's the 9th time since the beginning of 2020 and it is the 48th time that they have broken records during the Trump administration."

Earlier on Tuesday, the Dow breached 30,000 points for the first time, with investors betting on fast economic recovery next year after progress on several COVID-19 vaccines, as well as the General Services Administration on Monday giving its formal permission for Joe Biden's transition into the White House. 

Trump is continuing to contest the election results.

The president also said that the progress on the vaccines has been "absolutely incredible. Nothing like that has ever happened, medically. I think people are acknowledging that, and it's having a big effect."

He wrapped up his comments by congratulating "all the people within the administration that worked so hard" and the "people of our country because there are no people like you."

He left the briefing without answering questions from reporters. Vice President Mike Pence was also present but did not speak or answer questions.

Sandy Fitzgerald

Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics. 

© 2024 Newsmax. All rights reserved.


Politics
President Donald Trump, in a brief statement to members of the White House Press Corps, touted the Dow Jones' record high numbers and said he's "thrilled with what has happened on the vaccine front...
trump, dow, vaccines, covid
225
2020-10-24
Tuesday, 24 November 2020 01:10 PM
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