Stock futures inch higher on Monday after Dow closes at another record: Live updates

Published On Nov 25, 2024, 6:02 PM

The stock market futures climbed slightly after the Dow Jones Industrial Average reached a new all-time high. The Dow added 45 points, while S&P 500 and Nasdaq futures also saw minor increases. This uptick follows a robust trading session driven by positive feelings surrounding President-elect Donald Trump's Treasury secretary pick, Scott Bessent, which investors believe may support financial markets. However, Kohl's shares dropped 4% after the announcement of its CEO's departure. Overall, despite recent gains, there's cautious optimism about how new administration policies will impact the market moving forward, especially with a holiday-shortened trading week ahead.

Stock Forecasts

Despite some concerns from the leadership change at Kohl's, the broader market is showing strength with record highs in major indices. The expectations surrounding Trump's Treasury pick should lend positive momentum to the markets, suggesting investor confidence in economic policies.

Kohl's may experience continued volatility following the CEO news, reflecting investor uncertainty about the company's direction. This could be a signal for investors to be cautious with retail stocks in the upcoming trading days.

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