US stocks open higher as Trump’s Treasury selection boosts sentiment

Wall Street’s main indexes opened higher on Monday, with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent’s nomination as Treasury Secretary in the incoming Trump administration.

The Dow Jones Industrial Average rose 89.0 points, or 0.20%, at the open to 44,385.49. The S&P 500 rose 22.9 points, or 0.38%, at the open to 5,992.28, while the Nasdaq Composite rose 136.9 points, or 0.72%, to 19,140.586 at the opening bell.