Dow and Russell 2000 Hit Record Highs Amid Market Rally

Major U.S. stock indices, including the Russell 2000, Dow Jones, and S&P 500, reached record highs amid easing geopolitical tensions and positive market sentiment following President-elect Trump's nomination of Scott Bessent for Treasury secretary. While traditional equities surged, commodities like gold and crude oil fell, and Bitcoin dropped 3%. The Russell 2000 led gains, while natural gas prices rose sharply. In corporate news, Bath & Body Works saw a 14.5% rise in shares due to strong earnings, while Macy's shares fell over 3% due to financial discrepancies.