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At close: February 24 at 6:30 PM GMT+1

Stock market today: Dow, S&P 500 rise after Trump picks Scott Bessent for Treasury

Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.

Yahoo Finance 2 minutes ago

^GSPC

^IXIC

^DJI
S&P 500 seen reaching 6,600 next year by strategists at RBC, Barclays

Strategists see falling inflation, resilient economic growth, and rising earnings driving further returns for the S&P 500 in 2025.

Yahoo Finance 1 hour ago

^DJI

^IXIC

^GSPC
Scott Bessent's plans for the Treasury: Chart of the Day

President-elect Donald Trump has named billionaire Scott Bessent as the United States's Treasury Secretary. Yahoo Finance Anchor Madison Mills examines the ballooning US debt levels while analyzing Bessent's proposed plan to address the national debt and stimulate economic growth. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith

Yahoo Finance Video 2 hours ago

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DX-Y.NYB

^GSPC
Year-end rally kicks off: S&P 500 to reach 6,200, Goldman says

US stock futures (YM=F, ES=F, NQ=F) are trading higher at the start of the shortened trading week, with Goldman Sachs strategists saying this week will kick off a year-end rally that will power the S&P 500 (^GSPC) above 6,200. Seana Smith and Brad Smith outline what investors need to know on Morning Brief. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Yahoo Finance Video 3 hours ago

YM=F

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^DJI
Fed's preferred inflation gauge highlights holiday-shortened trading week: What to know this week

Investors will be closely watching a fresh reading on inflation for clues on the Fed's interest rate-cutting path.

Yahoo Finance yesterday

SPY

^GSPC

QQQ
US Equity Indexes Higher in Midday Trading

US benchmark stock indexes traded higher in midday trading Monday, with the Dow Jones Industrial Average and the S&P 500 reaching record highs in the session. The DJIA was 0.8% higher at 44,631.2, the S&P 500 was up 0.3% to 5,984.1 and the Nasdaq rose 0.3% to 19,052.5 after midday on Monday. Consumer discretionary and real estate led the gainers, while energy was the biggest decliner intraday. In economic news, the Chicago Federal Reserve Bank's monthly National Activity Index dropped to a readi

PREMIUM
MT Newswires 2 minutes ago

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^DJI
European Equities Close Mixed in Monday Trading; EU Social Protection Benefits Expenditure Increases

European stock markets closed mixed in Monday trading as the Stoxx Europe nudged 0.06% higher, Germany's DAX was up 0.43%, the FTSE in London was up 0.36%, France's CAC rose 0.03% and the Swiss Market Index closed 0.32% lower. The annual total expenditure on social protection benefits in the EU increased 6.1% in 2023, according to early estimates from Eurostat, the statistical office of the European Union. Social protection benefits expenditure as a percentage of GDP was highest in France, follo

PREMIUM
MT Newswires 14 minutes ago

^GDAXI
Stocks Join Bonds Higher on Trump’s Treasury Pick: Markets Wrap

(Bloomberg) -- Stocks climbed with bonds and the dollar fell as traders welcomed Donald Trump’s pick of Scott Bessent for Treasury Secretary, betting the hedge fund manager will bring a Wall Street mindset to the role.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasNYC's Underground Steam System May Be Key to a Greener FutureIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion P

Bloomberg 26 minutes ago

^GSPC
Barclays Boosts S&P 500 Target to 6,600, Betting on Big Tech and Economic Momentum

Barclays revises S&P 500 outlook for 2025, highlighting Big Tech and favorable U.S. macroeconomic conditions

GuruFocus.com 28 minutes ago

^GSPC
Buffett Details Plans for Fortune as Berkshire Hathaway Stock Hits a Record

The billionaire amplified a message he sent last year when he said his three children, Howard, Susan, and Peter Buffett, would be responsible for giving away his wealth

Barrons.com 58 minutes ago

^GSPC
Hey, Nvidia. Apple Wants Its Crown Back.

What are the Magnificent Seven stocks? How much market cap weighting do AAPL, MSFT, GOOGL, AMZN, META, TSLA and NVDA have on the Nasdaq?

Investor's Business Daily 1 hour ago

COMP
Russell 2000 hits record high on Trump policy, Fed rate-cut optimism

The index has gained more than 8% since the Nov. 5 U.S. presidential election. Expectations that Trump, along with a Republican Congress, can make good on his promise of lower taxes, import tariff hikes and less rigid regulations have been the latest tailwinds for this group of stocks. Small cap companies have been in the spotlight since the U.S. Federal Reserve commenced its monetary policy easing cycle in September, as investors expect them to perform better in a low-interest-rate environment.

Reuters 1 hour ago

^RUT
The Dow Is Roaring Higher. It’s Historically a Good Week for Stocks.

The Dow was roaring higher as bond yields retreated to start the holiday-shortened week. The blue-chip index was up 380 points, or 0.9%, shortly after 10 a.m. ET. The Dow closed at a record on Friday, so any move higher would be a fresh milestone.

Barrons.com 2 hours ago

COMP
Rally Continues to Start Thanksgiving Week

Market participants look to be picking up where they left off last week.

Zacks 2 hours ago

^GSPC

A
The Russell 2000 Is on Track for First Record Close Since 2021

The small-cap index was up 1.6% to 2,445.06 on Monday, which would be its first closing high since it hit 2,442.74 on November 8, 2021, according to Dow Jones Market Data. The Dow closed at a record on Friday, and the S&P is on track for a record of its own today.

Barrons.com 2 hours ago

^RUT
5 ETFs to Binge on This Thanksgiving Week

Investors seeking to cash in on big gains could consider ETFs from areas likely to benefit from the Thanksgiving week.

Zacks 2 hours ago

^GSPC
Stocks Are Rising to Start Holiday-Shortened Trading Week

The stock market picked up right where it left off last week after President-elect Donald Trump opted for the Wall Street favorite to lead the Treasury Department. The Nasdaq Composite gained 0.7%. The Dow and S&P were both on track for record closing highs.

Barrons.com 2 hours ago

^DJI

^GSPC
Stock Market News for Nov 25, 2024

U.S. stocks closed higher on Friday, with the Dow hitting a new all-time high, as fresh data pointed at solid economic activity in the nation.

Zacks 2 hours ago

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^VIX

SPGI
Stock Market Holidays 2024: Wall Street's Black Friday Game Plan

Take a look at this list of stock market holidays in 2024 to find out whether the market will be open on days like Labor Day, Black Friday, Christmas Eve and more.

Investor's Business Daily 3 hours ago

^GSPC
Bank of England set to cut interest rates gradually amid inflation fears

BoE deputy governor Clare Lombardelli said it was early to declare victory on inflation

Yahoo Finance UK 4 hours ago

^FTSE

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