The appearance lasted just over a minute, and reporters were given hardly any notice, showing the hastiness of the remarks.
The index had hovered near that mark earlier this month amid news that vaccines for coronavirus demonstrated effectiveness and could soon receive emergency authorization. The market crested Tuesday after the GSA administrator the night before cleared the way for President-elect Joe Biden to begin coordinating with the government he will take over in January.
“I’m very thrilled with what has happened on the vaccine front,” Trump said, with Vice President Mike Pence by his side. “That’s been absolutely incredible.”
The appearance was not on the president’s schedule until moments before he showed up, and Trump took no questions from the press before exiting the room.
The index stayed above the 30,000 mark for much of the day and closed at 30,046 — up more than 450 points over the previous day. However, a separate, closely watched indicator — U.S. consumer confidence — sagged in November, according to figures released on Tuesday, painting a more nuanced picture of the economy as coronavirus rages across much of the country.
Later in the afternoon, Trump held the annual turkey-pardoning ceremony , a typically lighthearted event the president has seemingly reveled in over his prior three years in office.
“Thanksgiving is a very special day for turkeys,” Trump said from White House Rose Garden during the event. “Not a very good one, when you think about it.”