Stock market today: Dow surges 440 points to record high as investors cheer Bessent as Treasury pick
Stocks rallied and yields plunged as markets cheered Scott Bessent as Trump's pick to run the Treasury. The Dow and the Russell 2000 hit fresh records.
Stock market today: Dow hits another record as stocks rise
U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way
Stock Market Today: Stocks surge as markets react to Trump treasury pick
U.S. stocks powered higher in early Monday trading, while the dollar had its biggest pullback in two weeks and Treasury bonds rallied, as markets reacted to President-elect Donald Trump choice for treasury secretary ahead of a holiday-shortened week.
Stock market today: Asian shares mostly gain after Trump picks billionaire for Treasury post
BANGKOK (AP) — Shares climbed in Asia on Monday, tracking last week’s gains on Wall Street, and analysts said investors were viewing President-elect Donald Trump’s choice of billionaire investor Scott Bessent as his nominee for Treasury secretary as a relatively market-friendly choice.
Stock market today: Wall Street rises toward records despite tariff talk
U.S. stocks are rising toward records Tuesday after Donald Trump’slatest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy
Stocks climb with bonds, dollar dips as markets cheer US Treasury pick
MSCI's global equities gauge rose and U.S. government bonds rallied while the dollar fell on Monday as investors welcomed the incoming U.S. president's selection of fund manager Scott Bessent as the next U.
TLT, Bond ETFs Join Stocks to Cheer Trump Treasury Pick
By midday trading, the Dow Jones Industrial Average had notched an all-time high and the iShares 20+ Year Treasury Bond ETF (TLT) was up 2%, as bond yields and prices have an inverse relationship. Stock and bond investors are optimistic about Bessent's nomination for the key cabinet role due to his reputation as a seasoned investor with a deep understanding of macroeconomic strategies.
Markets Cheered Bessent for Treasury. Trump Isn’t Done Yet.
The prevailing view is that Scott Bessent, assuming he’s confirmed by the Senate, will be a moderating figure on some of the less market-friendly policies Trump has planned, such as tariffs. But Bessent won’t be the only voice in Trump’s ear,
Trump’s Treasury nominee faces a tough balancing act
Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half ...
Stock market today: Wall Street hits records despite tariff talk
U.S. stocks are hanging near their records on Tuesday as Wall Street takes Donald Trump’s latest talk about tariffs in stride ...
Thanksgiving Is Great for the Stock Market. Just Look at History
Dating back a century, the week of Thanksgiving and the stretch through New Year’s tends to be positive for stocks.
Why Microsoft Corporation (MSFT) Stock Is a Buy for the Next 3 Months?
We recently published a list of Top 8 Stocks To Buy In 8 Different Sectors for the Next 3 Months. In this article, we are ...
Stock market today: Losses for Big Tech pull US indexes lower
Shares are mixed in Asia, with Chinese shares leading gains, after U.S. stocks rose to records despite President-elect Donald ...
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4 Glaring Distortions Driving Today’s Economy And Stock Market
Dan Irvine is an investment manager covering market trends ... According to data from the United States Treasury Department, 2023 deficit spending stands at an overwhelming $1.7 trillion.