[Introduction] U.S. stocks hit new highs, oil and gold plunged sharply, China Fund News Reporter Taylor brothers and sisters, continue to pay attention to overseas market performance tonight! U.S. stocks rose sharply and hit new highs. On the evening of November 25, U.S. stocks r

[Introduction] U.S. stocks hit new highs, oil and gold plunged

China Fund News reporter Taylor

Brothers and sisters, continue to pay attention to overseas market performance tonight!

U.S. stocks surged and hit new highs

On the evening of November 25, U.S. stocks rose, with the Dow Jones Index rising about 400 points to a new high, and the Nasdaq and S&P 500 both rising by more than 0.3%!

analysis said that the reason for the surge was that investors welcomed the news that Trump nominated Scott Bessant, founder of Key Square Group and hedge fund manager, as Secretary of the Treasury.

Investors were positive about the nomination, believing the hedge fund manager would support stocks while hopefully easing some of Trump's extreme protectionist policies. The U.S. Treasury Department has broad regulatory authority over tax policy, public debt, and international financial affairs.

In his first interview since being nominated, Bessant said that his policy focus will be on fulfilling Trump's tax cut promises. Those promises include making permanent the tax cuts from Trump's first term and eliminating taxes on tips, Social Security benefits and overtime pay.

Enforcing tariffs and cutting spending will also be a focus, along with "maintaining the dollar's status as the world's reserve currency," Bessant said.

Bessant said in an interview with CNBC earlier this month, "I would recommend a phased introduction of tariffs, and if you combine this price adjustment with all the other deflationary factors that President Trump mentioned, our inflation rate will be At or below the 2% target again.”

U.S. Treasury yields and the U.S. dollar index retreated on Friday following news of Bessent’s nomination. Quincy Crosby, chief global strategist at lpl Financial, said these moves, combined with Monday's stock market rebound, were a "textbook" positive market reaction to Trump's decision.

Crosby said: "The market response could not be better, and this is how the market is applauding this nomination."

The market expects Bessent to push Trump to adopt a softer tariff policy and reduce regulations to boost the economy growth, with the goal of reducing deficit spending. "News that Scott Bessant is the top choice to be the next U.S. Treasury Secretary raises the possibility that the 'Trump Deal' may be weakened," analysts at Rabobank said in a research note. Suzanne Street, head of finance and markets at

hargreaves lansdown, said in a research note that Besant’s long-term experience in the twists and turns of the market has strengthened the market’s confidence in the upcoming pro-business policies, while also allowing people to There is hope that tariffs may be more targeted and have less of an inflationary impact. "Bessant is seen as an antidote to Trump's most extreme economic views," said Catherine Brooks, research director at

xtb. Ian Lingen, head of U.S. interest rate strategy at

bmo Capital Markets, said Bessant's nomination would certainly not fully offset the possible impact of a trade war and tariffs once again taking center stage, but by ruling out some of the more extreme scenarios.

html On the evening of 25th, affected by the news, the US dollar index plunged and the RMB exchange rate gradually appreciated.

Oil and gold plummeted

25 On the evening of the 25th, the prices of oil and spot gold plummeted.

On the 25th local time, according to the American Axios News Network citing a US official, Israel and Lebanese Hezbollah have reached an agreement on the terms of a ceasefire agreement. The official said that the Israeli security cabinet is expected to approve the agreement on the 26th.

According to reports, the Deputy Speaker of the Lebanese Parliament Elias Bousab said that there are no "serious obstacles" to the implementation of the ceasefire agreement proposed by the United States. The U.S.-proposed ceasefire would see Israeli troops withdraw from southern Lebanon, with Lebanese troops expected to be deployed within 60 days. The U.S.-proposed ceasefire would be overseen by a five-nation committee chaired by the United States.

Danny Danon, Israel’s representative to the United Nations, said that the ceasefire with Lebanon has not yet been finalized but is moving forward.He expected the Israeli cabinet to meet on Monday or Tuesday to discuss a ceasefire in Lebanon.

The Israeli Public Broadcasting Corporation reported on the evening of the 24th that Israel has agreed in principle to the draft Israeli-Lebanese ceasefire agreement proposed by the United States, and Israeli Prime Minister Netanyahu is currently studying how to release the draft to the public.