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The Dow Jones Industrial Average traded above 30,000 for the first time ever on Tuesday. 

Between the lines: The milestone is symbolic — the Dow hitting 30,001, for instance, is no less significant. However, it underscores the stock market's meteoric rebound from the onset of the coronavirus pandemic: just 8 months ago, the Dow traded below 19,000.

Dow hits 30,000 for the first time

At the onset of the pandemic, the Dow traded below 19,000.

A masked trader walks outside the New York Stock Exchange in early November 

A trader outside the New York Stock Exchange in early November. (Photo: Angela Weiss/AFP via Getty Images)

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Dow Jones Industrial Average

Stock market

The Dow Jones Industrial Average traded above 30,000 for the first time ever on Tuesday. Between the lines: The milestone is symbolic — the Dow hitting 30,001, for instance, is no less significant. However, it underscores the stock market&#x27;s meteoric rebound from the onset of the coronavirus pandemic: just 8 months ago, the Dow traded below 19,000.

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

Dow hits 30,000 for the first time

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