US stock markets are on the move following Donald Trump’s announcement of billionaire Scott Bessent as his Treasury secretary. The Dow Industrial Jones (^DJI) climbed 250 points during intraday trading, reflecting investor optimism regarding the Cabinet selection. Meanwhile, Wall Street is eyeing quarterly results from Zoom and Agilent Technologies after the market close. Trending tickers…
Bank stocks popped after former President Donald Trump secured a second term in the White House. The financial select sector SPDR fund (XLF) rose more than 6% in intraday trading on Wednesday, with names like JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), and Goldman Sachs (GS) gaining. KBW managing director David Konrad…
US stocks kick off the fourth quarter with losses with all three of the major indexes (^DJI,^GSPC, ^IXIC) recording losses during intraday trading Tuesday. Yahoo Finance’s Jared Blikre joins Josh Lipton on Asking for a Trend, breaking down what investors need to know. For more expert insight and the latest market action, click here to…