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Stock market today: Dow hits another record as stocks rise

Stock market today: Dow hits another record as stocks rise

NEW YORK (AP) — U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% Monday to pull closer to its record set two weeks ago. The Dow Jones Industrial Average added 440 points to its own record set on Friday, while the Nasdaq composite rose 0.3%. They got a boost from easing Treasury yields after President-elect Donald Trump said he wants hedge-fund manager Scott Bessent to be his Treasury Secretary. Smaller companies can feel a big boost from easier borrowing costs, and the Russell 2000 index of small stocks finished just shy of its record.… Continue Reading

Here are the people Trump has picked for key positions so far

Here are the people Trump has picked for key positions so far

President-elect Donald Trump is filling key posts in his second administration, putting an emphasis so far on aides and allies who were his strongest backers during the 2024 campaign. Among his picks are Robert F. Kennedy Jr. to lead the Department of Health and Human Services, Florida Sen. Marco Rubio for secretary of state, former Democratic House member Tulsi Gabbard for director of national intelligence and Florida Rep. Matt Gaetz for attorney general.… Continue Reading

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