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International Business Times
International Business Times
Business
AFP News

Equity Markets Mostly On Front Foot, As Bitcoin Rally Stutters

Donald Trump Bitcoin Scott Bessent United States
Donald Trump has nominated billionaire investor Scott Bessent to take over as Treasury secretary (Credit: AFP)

Major stock markets mostly rose Monday as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark last week.

The equity gains came before key US data over coming days that could provide fresh clues about the Federal Reserve's plans for interest rates.

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