The Dow Jones Industrial Average jumped more than 500 points, as President Trump agreed to cooperate with the federal transition to a Joe Biden administration. Nio and Tesla stock again raced to record highs, but Nio reversed sharply lower in morning trade. Best Buy tumbled after reporting earnings ahead of the stock market open.
Among the Dow Jones leaders, Apple (AAPL) rose 1.2%, while Microsoft (MSFT) moved up 1% in today’s stock market. Meanwhile, Salesforce.com (CRM) moved closer to a new buy point.