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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Stock market today: Asian shares mostly gain after Trump picks billionaire for Treasury post

Asia Donald Trump Scott Bessent Bitcoin US Federal Reserve
South Korea Financial Markets - (Copyright 2024 The Associated Press. All rights reserved)

Shares climbed in Asia on Monday, tracking last week’s gains on Wall Street, and analysts said investors were viewing President-elect Donald Trump’s choice of billionaire investor Scott Bessent as his nominee for Treasury secretary as a relatively market-friendly choice.

Bitcoin fell slightly and oil prices also declined, while U.S. futures advanced.

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