- Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.
- The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the summit scheduled for late March.
- A network of millions of Americans who offer services like making deliveries or providing rideshare services are feeling the effects of rising gas prices.
- The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
- Some investors are drawing comparisons with the 1970s to interpret where markets are headed in 2026, but there are several key differences to note this time around.
- The major averages rose Monday as oil prices cooled slightly. All 11 sectors of the S&P 500 posted gains, led by tech.
- Wolfe Research lays out its favorite defensive dividend strategy and identifies stocks on its buy idea list.
- The Dow Industrials could bounce as early as this week, but the charts suggest it will likely be brief.
- Wall Street analysts endorsed Meta Platforms CEO Mark Zuckerberg's new focus on generative AI.
- Nvidia will attract most of the attention in tech this week, but Micron Technology and Oklo should be watched as well, Jay Woods said Monday.
