Dow rises 440 points, closes at new record: Market Domination Overtime
Investors cheered President-elect Trump’s pick of Scott Bessent for Treasury secretary. All three of the major indexes (^DJI, ^IXIC, ^GSPC) ended the day higher, with the Dow closing at a new record high.
On Monday’s Market Domination Overtime, Yahoo Finance Washington Correspondent Ben Werschkul breaks down some of the challenges Bessent will face if he is confirmed. Strategy Risks Founder and CEO Isaac Stone Fish also talks about the Trump administration and the potential ripple effects of Trump’s proposed tariffs.
Also joining the program is Ritholtz Wealth Management chief market strategist Callie Cox, who explains why it’s “crunch time” for some portfolio managers as the year comes to a close.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.