Business Standard

Evaluating a Cabinet

Joe Biden's picks project an image of assured competence

Joe Biden cabinet
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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

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

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