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Scott Bessent's Treasury Nomination Sparks Market Movement Amid Trade Concerns

President-elect Trump's Treasury Secretary nominee Scott Bessent's moderate policies sparked market optimism, but new tariff comments raise concerns.

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Stock market today: Asian shares mostly fall on worries about Trump's tariffs

ABC News

Stock market today: Asian shares mostly fall on worries about Trump's tariffs

Associated Press

Stock market today: Asian shares mostly fall on worries about Trump's tariffs

The Independent

12:30 Report — Trump seeks to reshape GOP with Cabinet picks

The Hill

Trump's Treasury pick could butt heads with Trump on tariffs and immigration

Axios

An inside look at Treasury secretary nominee Scott Bessent's research process and 'competitive edge'

Business Insider

U.S. stock and bond markets love Trump's pick of Bessent for Treasury — here's why

CNBC

Betting on Bessent

Reason

Bessent Bounce: Stocks and Bonds Rally On Trump's Treasury Pick

Breitbart News

Wall Street heading for record high after Scott Bessent nominated as US Treasury secretary; Barclays fined £40m over 2008 Qatari deal – business live

The Guardian

5 things to know before the stock market opens Monday

CNBC

What Trump's pick for Treasury secretary could mean for global markets

CNBC

Trump’s pick for Treasury Secretary has markets betting he’ll take the sting out of ‘America First’ trade policies

Fortune

Donald Trump’s Interesting Pick for Treasury Secretary

The New Yorker

Stock market today: Wall Street climbs after Trump picks Bessent for Treasury post

ABC News

Stock market today: World shares mostly gain after Trump picks billionaire for Treasury post

ABC News

Markets Rally After Trump Picks Bessent as Treasury Secretary

Bloomberg

Daily Open: Small- and mid-caps outperformed last week

CNBC

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Overview

A summary of the key points of this story verified across multiple sources.

Equity markets experience volatility following President-elect Donald Trump's nomination of Scott Bessent as Treasury Secretary. While Bessent's moderate economic policies have led to increased investor confidence and a rise in U.S. stock markets, recent remarks about imposing tariffs on Mexico, Canada, and China have led to declines in Asian shares. Wall Street showed growth with the S&P 500 nearing an all-time high. Concerns about inflation and subsequent Federal Reserve interest rate strategies remain as upcoming data could influence monetary policy.

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