US stock futures rise as Trump picks Bessent for Treasury role
Investing.com-- U.S. stock index futures rose in evening deals on Sunday as Wall Street appeared to be relieved by President-elect Donald Trump nominating prominent investor Scott Bessent as Treasury Secretary.
Broader market sentiment was also boosted by reports that Israel was close to reaching a ceasefire with military group Hezbollah in Lebanon, potentially marking some deescalation in the long-running Middle East conflict. Bessent is a career investor who has called for tax reforms and deregulation for U.S. firms. He has also opposed overly strict trade tariffs, lessening the prospect of a dire trade war under a Trump administration.slid 0.6% after Bessent’s nomination, while Treasury yields- which have been a point of pressure on Wall Street- also fell sharply, with the
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