Stocks React Positively To Trump's Treasury Secretary Pick

Written By Timmy Adami

November 25, 2024

MRKT Matrix - Monday, November 25th

  • Dow rallies 400 points to record, small-cap Russell 2000 hits all-time high after Trump’s Treasury pick (CNBC)

  • Deutsche Bank sees the S&P 500 hitting 7,000 in 2025 on the back of rising risk appetite (CNBC)

  • Goldman’s Rubner Says US Stocks Are Set to Rally Into Year-End (Bloomberg)

  • Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be a Part of It. (WSJ)

  • Trump Trade Muddles Inflation Outlook in Fed’s Favorite Gauge (Bloomberg)

  • If Inflation Is Back, Protecting Against It Won’t Be Simple (WSJ)

  • Tesla’s $350 Billion Stock Surge Driven by ‘Animal Spirits,’ UBS Says (Bloomberg)

  • As Musk Assumes Deregulation Role, Tesla Racks Up Pollution Violations (WSJ)

  • TikTok CEO Seeks Musk’s Counsel on Incoming Trump Administration (WSJ)

  • Macy’s Delays Earnings After Employee Hid Millions in Expenses (Bloomberg)

  • Nvidia Will Balance Compliance with Tech Under Trump Administration (The Information)

  • CoreWeave targets valuation of over $35 billion in 2025 US IPO, sources say (Reuters)

Timmy Adami
Previous

Markets Digest Trump's Tariff Plan
Next

Major Averages End Week Higher As Rotation Continues