The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite 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 Macy’s, Abercrombie & Fitch, and Best Buy set to report. Trending tickers on Yahoo Finance include Tesla, Palantir Technologies, and Rocket Lab.

Key guests include:
9:10 a.m. ET - Stacey Widlitz, SW Retail Advisors President
9:25 a.m. ET - Ed Mills, Raymond James Washington Policy Analyst
10:10 a.m. ET - Jason Furman, Harvard Kennedy School of Government
11:15 a.m. ET - Matt Christopherson, NAR Director of Business & Consumer Research
11:35 a.m. ET - Jean Chatzky, HerMoney CEO and co-founder