Stock Market Today: Dow, S&P Live Updates for Nov 25
Posted on 11/25/2024
Stocks, Bonds Rise as Traders Embrace Bessent: Markets Wrap
Scott Bessent is expected to take a more gradual approach
Shares in Japan, Australia, Korea advance; Bitcoin pares loss
Equities and Treasuries advanced, in a sign that traders considered Donald Trump’s pick of Scott Bessent for Treasury Secretary a measured choice that would inject more stability into the US economy and financial markets.
Asian stocks rose in early trade Monday, with benchmarks in Australia, Japan and South Korea recording gains. US futures also edged up. Meanwhile, the yield on 10-year Treasuries dropped five basis points to 4.35%. Bitcoin pared losses.
Scott Bessent is expected to take a more gradual approach
Shares in Japan, Australia, Korea advance; Bitcoin pares loss
Equities and Treasuries advanced, in a sign that traders considered Donald Trump’s pick of Scott Bessent for Treasury Secretary a measured choice that would inject more stability into the US economy and financial markets.
Asian stocks rose in early trade Monday, with benchmarks in Australia, Japan and South Korea recording gains. US futures also edged up. Meanwhile, the yield on 10-year Treasuries dropped five basis points to 4.35%. Bitcoin pared losses.
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