Bessent Backs Hard Data, GM Sells Off & D.C. Tax Bill on Docket

Schwab Network

U.S. Treasury Secretary Scott Bessent spoke at the podium as Kevin Hincks reported from the Cboe Global Markets. Bessent urged Americans to watch the hard data coming down the line, as Kevin points out strength in the latest prints. One weak spot came from General Motors (GM), which posted an earnings beat, though a postponed conference call and the company not accounting tariffs worried investors. Kevin says the next big development Americans will watch is the tax bill in Washington.

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