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Article Summary
- Dow Jones jumps after Scott Bessent promises tax cuts
- Bessent is the Treasury pick
- Possible implications of tax cuts on the economy
- Reaction from investors and financial analysts
- Overall positive outlook on the market Tone: Optimistic and positive about the potential impact of tax cuts on the economy.
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Dow Jumps As Trumps Treasury Pick Scott Bessent Promises To Slash Taxes, Spending
By Monday afternoon, the Dow was up 0.8% and the S&P 500 was up 0.3% following the news.
https://nypost.com/2024/11/25/business/dow-jumps-o...
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