Wall Street catches breath after Dow hits 30K, jobless claims jump

Wall Street consolidated its gains on Wednesday, with stocks opening flat to slightly lower a day after major benchmarks scaled to new highs.

Ahead of the U.S. Thanksgiving holiday, optimism over the imminent deployment of a COVID-19 vaccine propelled the Dow Jones Industrial Average above 30,000 for the first time ever on Tuesday, extending a breathtaking rally that’s carried stocks deep into a bull market.

However, caution set in early Wednesday, as investors digested weekly jobless claims…


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