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Stock Market Today: Dow on track for record finish as Trump Treasury pick calms bond traders

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cdog8043

Captain

Joined: Feb, 2007

Posts: 8161

Posted: Nov. 25, 2024 - 2:17 PM ET #1

CAN YOU HEAR THE THUNDER - moneybag thumbs_up an_dance

We are cooking.

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cdog8043

Captain

Joined: Feb, 2007

Posts: 8161

Posted: Nov. 25, 2024 - 2:19 PM ET #2

@cdog8043

DOW RALLIES 400 POINTS TO RECORD, SMALL CAP RUSSELL 2000 HITS ALL TIME HIGH

The blue-chip Dow traded 415 points, or 0.9%, higher, while the broad S&P 500 gained 0.3%. Both hit new all-time highs in the session. The Nasdaq Composite also ticked up 0.3%.

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UNIMAN

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Joined: Jul, 2014

Posts: 8979

Posted: Nov. 25, 2024 - 2:23 PM ET #3

MarketWatch;

Financial markets appear to view President-elect Donald Trump’s pick for Treasury secretary, Scott Bessent, as “an anchor of stability and responsibility” in the incoming administration’s cabinet, according to UBS Global Wealth Management.

“Bessent, who is well known and well regarded on Wall Street, heads the hedge fund Key Square Capital,” said Solita Marcelli, chief investment officer for the Americas at UBS Global Wealth Management, in a note Monday. “If approved by the Senate, he would be in charge of implementing and advocating for a broad swathe of Trump’s economic agenda.”

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cdog8043

Captain

Joined: Feb, 2007

Posts: 8161

Posted: Nov. 25, 2024 - 2:56 PM ET #4

@UNIMAN

CNN: HUGE RELIEF - CEO'S EXHALE.

TRUMP GOING TO GET IT RIGHT AGAIN.

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Stock Market Today: Dow on track for record finish as Trump Treasury pick calms bond traders

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