Wall Street jumps on Biden transition, Tesla tops $500 billion in market cap

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The Dow Jones Industrial Average rose 154.84 points, or 0.52%, at the open to 29,746.11.

The S&P 500 opened higher by 16.93 points, or 0.47%, at 3,594.52, while the Nasdaq Composite gained 58.70 points, or 0.49%, to 11,939.33 at the opening bell.

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