Tag: Julie Su

Deals & People February 28th, 2023

Biden To Nominate Su for Secretary of Labor

Deputy Secretary of Labor Julie Su has been selected to replace the outgoing Marty Walsh, but Senate confirmation may bring an ESG battle.

Friday, the Dow gained 415.12 points (1.26%) to close at 33,274.15, the Nasdaq gained 208.44 points (1.74%) to close at 12,221.91 and the S&P 500 increased 58.48 points (1.44%) to close at 4,109.31. The Russell 2000 gained 34.10 points (1.93%) to close at 1,802.48 and the Wilshire 5000 increased 621.46 points (1.55%) to close at 40,708.41.

The price of the 10-year Treasury note increased 29/32, bringing the yield to 3.471%. The price of the 30-year Treasury bond increased 1 27/32, bringing the yield to 3.653%.

For the week ending March 31, the Dow gained 3.22%, the Nasdaq increased 3.37% and the S&P 500 increased 3.48%. The Russell 2000 gained 3.89% and the Wilshire 5000 finished 3.69% higher.