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Stock market today: Dow, S&P 500 rise after Trump picks Scott Bessent for Treasury
Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.
Stock Market Today: Dow, S&P 500 on track for records after Trump picks Bessent to be Treasury secretary nominee
The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at Societe Generale. Stock futures are up, and both bond yields and the dollar are down.
U.S. stock and bond markets love Trump's pick of Bessent for Treasury — Here's why
Markets looked favorably Monday morning on President-elect Donald Trump's presumptive nominee for Treasury secretary, as equity futures rose and Treasury yields fell. The move to put hedge fund magnate Scott Bessent in the position now held by Janet Yellen sent a message that Trump wants someone with strong market credentials as well as a similar philosophy for the role.
Stock market today: Dow, S&P 500, Nasdaq poised to jump after Trump picks Scott Bessent for Treasury
Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.
U.S. government bonds stage biggest rally in nearly four months after Bessent picked for Treasury
Yields on the 10-year Treasury are poised for their biggest daily drop in about four months on hopes that President-elect Donald Trump’s pick of Scott Bessent to be Treasury secretary will help lower
Stocks and Bonds Rally as Trump Nominates Bessent for Treasury Secretary
The S&P 500 Index ($SPX) (SPY) today is up +0.77%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.94%. Stocks are moving higher today, with the S&P 500 and Dow Jones Industrials posting new all-time highs and the Nasdaq 100 climbing to a 1-week high.
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