Reported about 5 hours ago
President-elect Donald Trump has nominated Scott Bessent, CEO of Key Square Group, as the new US Secretary of the Treasury, with US stock futures showing positive reactions to the news. Meanwhile, Macy's has postponed its third-quarter earnings report due to an employee hiding $154 million in expenses. This week, the Personal Consumption Expenditures (PCE) index will be released, alongside the Federal Reserve's November meeting minutes.
Source: YAHOO