U.S. stocks are rising toward records Monday and adding to last week’s gains. The S&P 500 was 0.6% higher, as of 10:30 a.m. Eastern time, and sitting just above its all-time high set two weeks ago. The Dow Jones Industrial Average added 503 points,

Stock futures were pointing to further gains on Monday, with the market cheered by President-elect Donald Trump choosing Wall Street veteran Scott Bessent to head up the Treasury Department. Futures t

The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at Societe Generale. Stock futures are up, and both bond yields and the dollar are down.