LIVE Trump Treasury secretary nominee Scott Bessent's confirmation hearing Stocks meander as Bessent hearing takes spotlight Big banks completed a stellar earnings run. Meanwhile, Trump's nominee for Treasury secretary took focus in DC. LIVE Yahoo Finance • 1 hour ago ^DJI +0.08% ^IXIC -0.19% Mortgage rates top 7%, hitting seven-month high Trump team readies plan for Russia deal, Iran squeeze Trump's US Treasury pick says extending tax cuts a top priority Joe Biden aims to preserve the US lead over China in Ai Why the tech industry is cozying up to Trump Tesla is offering new Cybertruck discounts. Is demand a problem? Fed's Waller: Rate cuts could come sooner than expected Restaurant CEOs are on the lookout for more egg inflation Bank of America and Morgan Stanley cement a Wall Street revival Latest J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26 Bessent Says He Would Support Sanctioning Russian Oil Majors Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May The Definitive Guide to Where the US Has Squeezed Russia’s Oil Flows the Hardest Average rate on a 30-year mortgage edges above 7%, according to Freddie Mac, reaching its highest level in 8 months BP to Eliminate About 5% of Workforce to Cut Costs, CEO Says NYC Mayor’s Challengers Boost Fundraising Haul After Indictment Health-Care Investors Bank on Congress Snarling RFK Jr.'s Plans Popular Dec CPI rises a touch above expectations, keeps Fed on track TSMC’s Upbeat Outlook Fuels Hopes for 2025 AI Spending Tesla Stock Is Soaring. Inflation Trumps the SEC. Stock market today: Dow, S&P 500, Nasdaq waver amid earnings rush, Bessent confirmation hearing Magnificent Seven Stocks: Nvidia Rebounds; Apple, Meta, Tesla Slide Daily Spotlight: Supply Chain Getting Back on Track Bitwise Crypto Index ETP Delayed Until March by SEC Bessent confirmation hearing, Bank of America earnings: Yahoo Finance Wall Street will have its eyes on Washington today. President-elect Donald Trump’s pick to lead the Treasury Department, Scott Bessent, will answer questions from the Senate Finance Committee as part of his confirmation process. Yahoo Finance will carry the hearing live when it begins at 10:30 a.m. ET. Big banks are in focus again with Bank of America, Morgan Stanley, and US Bancorp. Trending tickers on Yahoo Finance include Taiwan Semiconductor Manufacturing Company, ASML Holding, and UnitedHealth Group. Key guests include:9:05 a.m. ET - Matt Bryson, Wedbush Securities Managing Director, Equity Research | Hardware9:05 a.m. ET - Marta Norton, Empower Chief Investment Strategist10:00 a.m. ET - Liz Ann Sonders, Charles Schwab Chief Investment Strategist10:05 a.m. ET - Nathan Sheets, Citi Chief Global Economist & Former Under Secretary of the Treasury for International Affairs 01:06 Retail sales, Big Bank earnings, Bessent hearing: 3 Things 02:45 Well-known short-selling firm Hindenburg Research to close 02:32 UnitedHealth misses Q4 revenue forecast, medical cost challenges 03:50 Dec. retail sales miss expectations but indicate GDP growth Investment Ideas Build Your Wealth View More More News