Politics Trump brags about Dow 30,000 at surprise press conference, leaves after a minute

• President Donald Trump briefly emerged to tout the Dow Jones Industrial Average breaking 30,000 for the first time ever, and then vanished after a minute without taking questions.
• The president's brief appearance came less than a day after his administration took a major step toward the transition into Joe Biden's presidency.
• Trump, three weeks after Election Day, still has not conceded the race to Biden.

President Donald Trump briefly emerged Tuesday to tout the Dow Jones Industrial Average breaking 30,000 for the first time ever, and then vanished after a minute without taking questions.

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The Dow Jones Industrial Average breached the 30 , 000 -mark for the first time ever on Tuesday, as optimism soared on Wall Street amid hopes of The fresh milestone was reached after US President Donald Trump formally cleared the way for an orderly transition of power to President-elect Joe Biden

The Dow Jones Industrial Average will reach 30 , 000 before the next presidential election for the following reasons, according to Joe Fahmy. After days on tenterhooks, investors now have clarity about the next occupant of the White House and will start planning for the presidency of Joe Biden.

The president's mini appearance, perhaps his shortest-ever remarks from the lectern of the White House briefing room, came less than a day after his administration took a major step toward the transition into Joe Biden's presidency.

Trump, three weeks after Election Day, still has not conceded the race to Biden. He made no mention of his ongoing struggle to overturn the results of the election during his remarks, which lasted about 62 seconds in total.

Rather, Trump bragged about the stock market's latest milestone, which came as the U.S. economy continues to recover from the devastating impact of the coronavirus pandemic earlier in the year.

© Provided by CNBC U.S. President Donald Trump speaks to the press in the James Brady Press Briefing Room at the White House on November 24, 2020 in Washington, DC.

"I just want to congratulate everybody. The stock market, Dow Jones Industrial Average just hit 30,000, which is the highest in history," Trump said.

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The NCAA may not be particularly effective at a lot of things but knows how to put on its March Madness basketball tournament. This is going to work.Come COVID-19 hell or high water, March Madness will be played next spring.

The Dow Jones Industrial Average rose more than 400 points, or 1.4 percent, to trade just over 30 , 000 at midday Tuesday. The Dow Jones Industrial Average traded above 30 , 000 points for the first time Tuesday as investors were The drug, which Trump received when he was sickened last month, is

Donald Trump brags that the U.S. is sending medical aid to ITALY despite hospitals warning of The president used the White House Rose Garden to brief press and show off the new At Monday's press briefing, the president also debuted a new COVID-19 test that gives results in five minutes .

"We've never broken 30,000, and that's despite everything that's taken place with the pandemic."

"The stock market's just broken 30,000 — never been broken, that number. That's a sacred number, 30,000, and nobody thought they'd ever see it," Trump said.

"I just want to congratulate all the people within the administration that worked so hard, and most importantly I want to congratulate the people of our country, because there are no people like you. Thank you very much, everybody. Thank you."

With that, the president turned and left the briefing room, followed closely by Vice President Mike Pence. Neither Trump nor any other official responded to the stream of questions shouted out from the White House press corps.

"Mr. President, are you going to concede?" were among the questions reporters asked as Trump walked away. "Sir, why not concede for the good of the country, sir?"

Trump was scheduled to appear again later Tuesday afternoon in the Rose Garden, where he and first lady Melania Trump are set to present the national Thanksgiving turkey, a White House tradition.