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.
Transcript: Wall Street’s ‘sigh of relief’ over Trump’s Treasury pick
This is an audio transcript of the FT News Briefing podcast episode: ‘Wall Street’s “sigh of relief” over Trump’s Treasury pick’ Kasia Broussalian Good morning from the Financial Times. Today is Monday,
Prominent investor Scott Bessent picked as Trump's treasury secretary
President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary.
Trump’s Bessent pick for Treasury boosts hopes for year-end stock-market rally
Donald Trump’s selection of hedge-fund manager Scott Bessent to serve as Treasury secretary triggered a sigh of relief across global financial markets on Monday.
Wall Street Sees Gains Following Trump's Pick of Bessent for Treasury
U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.
Stock market today: Wall Street climbs after Trump picks Bessent for Treasury post
Treasury yields eased after President-elect Donald Trump said he wants Scott Bessent, a hedge fund manager, to be his Treasury Secretary. Bessent has advocated for reducing the U.S. government’s deficit.
Wall St set for strong open as Trump's Treasury selection boosts sentiment
Wall Street's main indexes were poised to open higher on Monday, driven by investor optimism following Scott Bessent's nomination as Treasury Secretary in the incoming Trump administration. President-elect Donald Trump ended weeks of speculation when he named his choice late on Friday,
What's News Podcast: Markets Cheer Trump’s Treasury Secretary Pick
In Whats News, the WSJ’s Alex Frangos discusses how hedge-fund manager Scott Bessent is seen as a more predictable pick to lead the Treasury Department. Meantime, Donald Trump
Stock market today: Wall Street rises near records as Treasury yields ease
U.S. stocks are rising toward records Monday and adding to last week’s gains. The S&P 500 was 0.6% higher, as of 10:30 a.m.
The Stock Market Just Crossed a Threshold It's Never Reached Before -- and History Is Quite Clear What Happens Next
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Stock Market Today: Dow scores record close as U.S. stocks post weekly gains
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