Donald Trump is expected to nominate Howard Lutnick to lead the Commerce Department, Andrew Restuccia and Brian Schwartz of Wall Street Journal report, citing people familiar with the matter. Lutnick, CEO of Cantor Fitzgerald, had been a top contender to lead the Treasury Department, the Journal adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPY: