Stocks climb with bonds, dollar dips as markets cheer US Treasury pick

Q: How long will it take to read this news story?

The story "Stocks climb with bonds, dollar dips as markets cheer US Treasury pick" has 863 words across 32 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Stocks climb with bonds, dollar dips as markets cheer US Treasury pick" was covered 10 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 44 news stories per day. It's most recent story was published 53 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23854588</li><li>URL: https://beamstart.com/news/stocks-climb-with-bonds-dollar-17325736589902</li></ul>

Channel News Asia Logo Channel News Asia 10h ago

Stocks climb with bonds, dollar dips as markets cheer US Treasury pick - Channel News Asia

Quick Summary:

NEW YORK/LONDON :MSCI's global equities gauge rose and U.S.government bonds rallied while the dollar fell on Monday as investors welcomed the incoming U.S.president's selection of fund manager Scott Bessent as the next U.S.Treasury secretary.

Wall Street indexes closed higher with the S&P 500 and the Dow touching intraday records as investors approved of Donald Trump's choice.

The Dow Jones Industrial Average rose 440.06 points, or 0.99 per cent, to 44,736.57,which was a record closing high.The S&P 500 rose 18.03 points, or 0.30 per cent, to 5,987.37 and the Nasdaq Composite rose 51.18 points, or 0.27 per cent, to 19,054.84.