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US stocks rose Monday, with the Dow finishing at a fresh record as markets greeted Donald Trump's pick for treasury secretary, while oil prices retreated on hopes for a ceasefire between Israel and Hezbollah. The Dow climbed one percent to a second straight all-time closing high on news of the selection of hedge fund manager Scott Bessent to lead the critical economic policy position. A widely respected figure on Wall Street, Bessent is seen as being in favor of growth and deficit reduction policies and not known overly fond of trade tariffs. The market "breathed a sigh of relief" at Bessent's selection, said Art Hogan from B. Riley Wealth Management. But after an initial surge Monday, the gains in US equities moderated somewhat. While investors are enthusiastic about the possibility of tax cuts and regulatory relief under Trump, "we do have to face the potential for tariffs being a negative as well as a very tight market around immigration, which is not positive for the economy," Hogan said. Earlier, equity gains were limited in Europe as growth concerns returned to the fore with Germany's Thyssenkrupp announcing plans to cut or outsource 11,000 jobs in its languishing steel division. Currently around 27,000 people are employed in the steel division, which has been battered by high production costs and fierce competition from Asian rivals. Elsewhere, crude oil prices fell decisively as Israel's security cabinet prepared to decide whether to accept a ceasefire in its war with Hezbollah, an official said Monday. The United States, the European Union and the United Nations have all pushed in recent days for a truce in the long-running hostilities between Israel and Hezbollah, which flared into all-out war in late September. Speaking on condition of anonymity, an Israeli official told AFP the security cabinet "will decide on Tuesday evening on the ceasefire deal." And bitcoin's push toward $100,000 ran out of steam after coming within a whisker of the mark last week, on hopes that Trump would enact policies to bring the cryptocurrency more into the mainstream. Bitcoin was recently trading under $96,000, having set a record high of $99,728.34 Friday -- the digital currency has soared about 50 percent in value since Trump's election. This week's data includes a reading of consumer confidence and an update of personal consumption prices, a key inflation indicator. Those reporting earnings include Best Buy, Dell and Dick's Sporting Goods. New York - Dow: UP 1.0 percent at 44,736.57 (close) New York - S&P 500: UP 0.3 percent at 5,987.37 (close) New York - Nasdaq: UP 0.3 percent at 19,054.84 (close) London - FTSE 100: UP 0.4 percent at 8,291.68 (close) Paris - CAC 40: FLAT at 7,257.47 (close) Frankfurt - DAX: UP 0.4 percent at 19,405.20 (close) Tokyo - Nikkei 225: UP 1.3 percent at 38,780.14 (close) Hong Kong - Hang Seng Index: DOWN 0.4 percent at 19,150.99 (close) Shanghai - Composite: DOWN 0.1 percent at 3,263.76 (close) Euro/dollar: UP at $1.0495 from $1.0418 on Friday Pound/dollar: UP at $1.2564 from $1.2530 Dollar/yen: DOWN at 154.23 yen from 154.78 yen Euro/pound: UP at 83.51 pence from 83.14 pence West Texas Intermediate: DOWN 3.2 percent at $68.94 per barrel Brent North Sea Crude: DOWN 2.9 percent at $73.01 per barrel bur-jmb/dwjolibet net

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Triumph Gold Corp. ( CVE:TIG – Get Free Report )’s share price traded up 35.3% during mid-day trading on Saturday . The company traded as high as C$0.23 and last traded at C$0.23. 178,150 shares were traded during trading, an increase of 599% from the average session volume of 25,471 shares. The stock had previously closed at C$0.17. Triumph Gold Price Performance The stock’s 50-day moving average price is C$0.19 and its 200 day moving average price is C$0.19. The company has a quick ratio of 0.01, a current ratio of 0.15 and a debt-to-equity ratio of 56.37. The firm has a market capitalization of C$9.83 million, a price-to-earnings ratio of -7.67 and a beta of 1.64. Triumph Gold Company Profile ( Get Free Report ) Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for gold, silver, copper, and molybdenum deposits. Its flagship project is the Freegold Mountain project located in Yukon, Canada. The company was formerly known as Northern Freegold Resources Ltd. See Also Receive News & Ratings for Triumph Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triumph Gold and related companies with MarketBeat.com's FREE daily email newsletter .Women investors in the Indian mutual fund (MF) industry, especially from the smaller cities and towns, have grown more than 2.5 times (year-on-year) on average amid the boom in the stock market, a report showed on Saturday. Women's financial inclusion is increasing across urban and emerging regions and tier 4 cities saw a whopping over 140 per cent growth in women's participation in the MF market, according to data shared by online brokerage Groww. "While we had amazing growth across all segments in 2024, two segments stood out. Rise of women investors - number has doubled this year. And the number of portfolios with size greater than 1 crore tripled this year," Lalit Keshre, Co-founder and CEO, Groww, posted on X on Saturday. The women's participation in MFs saw more than 100 per cent growth in Metro, tier 1, 2 and 3 cities . Among the cities with the highest number of women MF investors are Delhi, Mumbai and Kolkata (Metro) and Pune, Lucknow, Nagpur, Ahmedabad and Jaipur (Non-Metro). "Women's SIP contributions are 25 per cent higher than men's, and female SIP investors now make up one in four (compared to one in five last year)," the data showed. When it comes to monthly SIP contribution, the average ticket size is Rs 2,500 (indicating a focus on long-term wealth). Among the women SIP investors, 50 per cent are less than 30 years of age, followed by 33 per cent in the 30-40 year bracket and 17 per cent are age 40 and above. Meanwhile, the Indian mutual fund industry saw a meteoric rise in 2024, as the assets under management (AUM) of all MF schemes increased by more than Rs 17 lakh crore this year. According to data from the Association of Mutual Funds in India (AMFI), the mutual fund industry's AUM was Rs 68 lakh crore at the end of November 2024, which is Rs 17.22 lakh crore or 33 per cent more than the December 2023 figure of Rs 50.78 lakh crore. A record 42,76,207 investors joined the Indian stock market in November, the National Stock Exchange (NSE) data showed. As per a latest SBI Research report, the country is witnessing at least 30 million new demat accounts being opened every year since 2021. (With inputs from IANS) Funding booster: Indian startups see 20 pc jump at $12 billion this year OpenAI's o3 reasoning model ignites AI hype among top influencers Study shows exercise key to managing chronic liver disease

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Greens concede on Labor’s housing billsAnge Postecoglou has downplayed his furious confrontation with Tottenham Hotspur supporters after the loss to Bournemouth. The former Celtic manager exchanged words with angry fans at the Vitality Stadium after the 1-0 loss in the Premier League. Postecoglou had walked over to the away section at the conclusion of the match where he was met with a chorus of boos from the travelling support . "I got some pretty direct feedback..." Ange Postecoglou on the reaction from Spurs fans to their defeat to Bournemouth... #PLonPrime #BOUTOT pic.twitter.com/tZsw0x0y9N However, Postecoglou downplayed the exchange with fans after the match as he opened up on the "pretty direct feedback". "I wasn't having a word," he told Amazon Prime Sport. "They are pretty disappointed and rightly so. "I got some pretty direct feedback as to how we are going, and that's fair enough." Read more: I didn’t bottle Celtic manager job offer - some things weren’t right Reo Hatate shouts out travelling Celtic support for singing his song The Australian coach appeared to exchange words with a number of supporters before pointing at the Spurs badge on his jacket. As supporters continued to vent their frustrations, Postecoglou then quickly applauded fans before walking back across the pitch. The loss leaves Tottenham in 10th place in the Premier League with six wins, two draws and six losses in their 14 outings so far. Postecoglou later added in his post-match press conference: "They are disappointed, rightly so. They gave me some direct feedback which I guess is taken on board." On what was said, he stated: "Yeah probably not for here mate." He continued: "I've got no issue with it. I didn't like what was being said because I'm a human being but you've got to cop it. "I've been around long enough to know that if things don't go well, you've got to understand the frustration and disappointment. "They're right disappointed tonight because again we've let a game of football get away from us. "That's ok, I'm ok with all of that."

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