US Stocks Rise as Trump Appoints Bessent as Treasury Secretary

Reported about 9 hours ago

US stocks surged on Monday, led by the Dow Jones Industrial Average which gained over 1% at the start of trading. This rise comes in the wake of President-elect Donald Trump's appointment of Scott Bessent as the new US Secretary of the Treasury. The market is also buoyed by a nearing record high for the Russell 2000 index and a drop in the 10-year Treasury yield.

Source: YAHOO

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