Small- and mid-caps stole the limelight last week [Video]

Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City.

NYSE

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What you need to know today

Winning week for markets Major U.S. indexes rose on Friday to end the week in the green, despite mega-cap stocks Nvidia and Alphabet dropping. Europe’s regional Stoxx 600 advanced 1.18%. The banking index, which lost 2%, was the only sector to fall. Euro zone business activity was in contraction territory in November after remaining static in October.

Trump nominates Treasury secretary U.S. President-elect Donald Trump intends to nominate Scott Bessent, founder of the hedge fund Key Square Group, as his Treasury secretary. Like Trump, …

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