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Bessent Effect: Dow and S&P 500 Rally to Record Highs 11/25/24

Squawk on the Street

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Navigating the Stock Market Before Thanksgiving

This chapter explores the stock market's current dynamics as the Thanksgiving holiday nears, emphasizing the pivotal role of the 10-year treasury yield. It discusses investor behavior in response to fluctuating yields, government spending concerns, and the implications for energy production. The conversation also touches on retail stock performance, economic growth challenges, and intertwines market analysis with light-hearted sports commentary.

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