 | | | | U.S. stocks closed higher in a choppy session on Monday as hopes for a COVID-19 vaccine lifted economically sensitive sectors such as energy and industrials, but a pullback in megacap shares curbed gains on the S&P 500 and Nasdaq. | | | | | | U.S. President-elect Joe Biden is expected to tap former Federal Reserve Chair Janet Yellen as U.S. Treasury Secretary, according to two Democratic allies. | | | | | | U.S. President-elect Joe Biden is expected to tap former Federal Reserve Chair Janet Yellen as U.S. Treasury Secretary, according to two Democratic allies. | | | | | | The Institute of International Finance global group of banks and financial institutions on Monday welcomed reports that President-elect Joe Biden would tap former Federal Reserve Chair Janet Yellen as U.S. Treasury Secretary. | | | | | | Stocks brushed up against last week's record on Monday and an index of commodity prices closed at its highest since March as more vaccine news gave investors hope economic activity could resume globally at a faster clip than many feared. | | | | | | Janet Yellen, 74, is President-elect Joe Biden's pick to be Treasury Secretary, according to two Democratic allies. | | | | | | A bipartisan group of state attorneys general plans to file an antitrust lawsuit against Alphabet's Google as early as next month, according to two people briefed on the matter. | | | | | | A police officer involved in the arrest of Huawei Chief Financial Officer Meng Wanzhou two years ago in relation to her U.S. extradition case testified on Monday he did not plan to obtain passcodes or search her electronic devices. | | | | | | Chicago Federal Reserve Bank President Charles Evans said Monday there is still "quite a long ways to go" for the U.S. recovery from the coronavirus crisis, adding that he expects the Fed to keep interest rates at their current near-zero level until perhaps into 2024. | | | | | | The head of NATO and a top European Union official on Monday invited U.S. President-elect Joe Biden to rebuild transatlantic ties and meet with Washington's European allies next year. | | | | | |
