Yahoo Finance

Stocks rise as Wall Street cheers Trump’s Treasury pick: Yahoo Finance

The Dow Jones Industrial Average (^DJI), S&P 500 (^GSPC), and Nasdaq Composite (^IXIC) are all trading higher after President-elect Donald Trump announced he is going to nominate hedge fund manager Scott Bessent to be his Treasury secretary. Investors will be eyeing retail earnings this week, with Kohl’s (KSS), Abercrombie & Fitch (ANF), and Best Buy (BBY) set to report. Trending tickers on Yahoo Finance include Tesla (TSLA), Palantir Technologies (PLTR), and Rocket Lab (RKLB). Key guests include:9:10 a.m. ET - Stacey Widlitz, SW Retail Advisors President9:25 a.m. ET - Ed Mills, Raymond James Washington Policy Analyst10:10 a.m. ET - Jason Furman, Harvard Kennedy School of Government11:15 a.m. ET - Matt Christopherson, NAR Director of Business & Consumer Research11:35 a.m. ET - Jean Chatzky, HerMoney CEO and co-founder