Episode Details

Back to Episodes

Bessent Effect: Dow and S&P 500 Rally to Record Highs 11/25/24

Published 1 year, 3 months ago
Description

Carl Quintanilla, Jim Cramer and David Faber discussed a record-setting day for stocks: The Dow and S&P 500 surged to new all-time highs Monday, after President-elect Donald Trump named hedge fund manager Scott Bessent as his choice forTreasury Secretary. The anchors explored what Trump’s selection could mean for the markets -- with policy issues ranging from tax cuts to tariffs in the spotlight.  Also in focus: A big week for retail, Warren Buffett's huge donation, Universal's "Wicked" and Paramount’s "Gladiator II" surge at the box office. 

Disclosure: Comcast is the parent company of NBCUniversal and CNBC. NBCUniversal is the distributor of "Wicked."

 

Squawk on the Street Disclaimer

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us