President Donald Trump’s “bold pro-growth agenda” in his second term was highlighted by the White House on Monday. The White House emphasized that American businesses are hitting unprecedented heights, with earnings far surpassing expectations and the stock market climbing to new records.
Read More WH announces ‘Record-Breaking’ U.S. earnings, with stock market experiencing ‘significant gains’ under Trump admin
Stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week.
Read More S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025
Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
Read More Wall St slides as rate worries push bond yields higher