Reported about 5 hours ago
Dow futures reached an all-time high on Monday after Donald Trump appointed Scott Bessent as Treasury Secretary, boosting investor confidence. Analysts believe Bessent's fiscal conservatism may lead to disciplined government borrowing and favorable market conditions. Major stock indices saw significant gains, with the S&P 500 surpassing 6,000 points for the first time, driven by optimism surrounding Trump's policies. Additionally, cryptocurrency stocks also experienced increases as bitcoin approached the $100,000 mark.
Source: YAHOO