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Dow rallies 300 points to all-time high as Trump's Treasury pick calms bond market: Live updates


Published on 2024-11-25 17:33:28 - Thomas Matters, WOPRAI
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  • U.S. stocks climbed Monday as investors cheered President-elect Donald Trump's choice for Treasury secretary ahead of a shortened Thanksgiving trading week.

The article from NBC New York discusses the current state of the U.S. stock market as it anticipates a shortened trading week due to the upcoming Thanksgiving holiday. Stock futures remained largely unchanged on Sunday night, reflecting a cautious market mood ahead of significant economic reports and the Federal Reserve's minutes release. Investors are particularly focused on upcoming economic indicators like the personal consumption expenditures price index, which could influence the Fed's future interest rate decisions. The market has been volatile, with the S&P 500 experiencing a slight decline recently, while the Dow Jones Industrial Average saw a small gain. Additionally, the article mentions that the market is digesting mixed economic signals, including a drop in consumer sentiment and persistent inflation concerns, which could affect consumer spending during the holiday season.

Read the Full NBC New York Article at [ https://www.nbcnewyork.com/news/business/money-report/stock-futures-are-flat-sunday-ahead-of-shortened-trading-week-live-updates/6014344/ ]
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