Stock Market Today: Dow on track for record finish as Trump Treasury pick calms bond traders
The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at Societe Generale. Stock futures are up, and both bond yields and the dollar are down.
Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member ...
"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said ...
The Treasury secretary does not decide which tariffs are implemented, but his voice will be important. Trump has proposed ...
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President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for ...
President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of ...
President-elect Donald Trump chose Scott Bessent to lead the Treasury Department late Friday evening. “I am most pleased to ...
If confirmed, Bessent will be tasked with implementing any tax cuts a Republican-controlled Congress may pursue.
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
Billionaire hedge fund manager and SC native Scott Bessent has been nominated by incoming president Donald Trump to lead the ...
President-elect announced nominations to lead several departments and agencies as he continues to staff his next ...
The proposal has drawn concern from a range of nonprofits who say it could be used to target organizations, including news ...
A look at the day ahead in European and global markets from Wayne Cole Asia has been dominated by the market reaction to the ...
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