Catalysts Co-Hosts Seana Smith and Madison Mills examine the top stories on Wall Street in the trading day's first full trading hour.
The US dollar's (DX=F, DX-Y.NYB) role as the world’s reserve currency is in focus ahead of Scott Bessent's , President-elect Donald Trump's pick for Treasury secretary, confirmation hearing on Capitol Hill. Citi chief global economist Nathan Sheets outlines the strength of the US dollar and what it signals about the US economy.
Bank of America (BAC) and Morgan Stanley (MS) reported earnings showing profit growth as Big Bank earnings beat expectations. Argus Research director of financial services research Stephen Biggar analyzes what the quarterly results signal for the year ahead.
With earnings season underway, Charles Schwab chief investment strategist Liz Ann Sonders names the financials sector (XLF) and communication services (XLC) as top sector picks, though she cautions investors about being too reliant on sector-specific analysis.
Related Videos
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Naomi Buchanan.