Business Standard

Evaluating a Cabinet

Joe Biden's picks project an image of assured competence

Joe Biden cabinet

Business Standard Editorial Comment New Delhi
The Dow Jones Industrial Average, the commonly used marker for share prices in the United States, crossed a record 30,000 points for the first time in its history on Tuesday. The S&P 500, another closely watched index, also closed at a record high. This caps a roaring period in the US markets following major lows in March, when the extent and impact of the pandemic caused a rout. While positive news on vaccines for Covid-19 has played its part in this rally, another major cause of bullish sentiment has been news about President-elect Joseph R Biden’s Cabinet picks. Mr Biden

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 26 2020 | 1:32 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to