Research

Global Daily: Bessent into Orthodoxy?

26 November 2024 1:38
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Markets extended recent gains yesterday in apparent reaction to Donald Trump’s decision to nominate hedge fund manager Scott Bessent as Treasury Secretary. The S&P500 closed 0.30% higher at 5987, the DOW gained almost 1% to close at 44,736 and the NASDAQ was up 0.27% to 19,055. The EuroStoxx 50 rose 0.23%, the FTSE100 was up 0.36% and the ASX200 gained 0.28% to close at a fresh all-time high of 8,417.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more