Stock Market Rises Following Trump's Treasury Pick

Reported about 4 hours ago

US stock markets surged on Monday after President-elect Donald Trump named Scott Bessent as Treasury Secretary, boosting investor optimism. The Dow Jones Industrial Average led the gains, increasing nearly 0.6%, while the S&P 500 and Nasdaq also saw positive movements ahead of the upcoming Personal Consumption Expenditures (PCE) index release. Despite a dip in Nvidia shares, the overall market sustained gains as traders prepared for Thanksgiving holiday shorten trading week.

Source: YAHOO

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