The Globe and Mail reports in its Tuesday edition that Wall Street's main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott Bessent's nomination as U.S. Treasury secretary helped push bond yields lower. A Reuters dispatch to The Globe says that Canada's main index ended slightly in the red. Focus also turned to talks of a cease-fire deal between Israel and Lebanon, which pushed oil prices and energy stocks lower. U.S. president-elect Donald Trump ended weeks of speculation when he named his choice late on Friday, with some investment strategists saying Mr. Bessent could take measures to restrain further government borrowing, even as he follows through on fiscal and trade campaign pledges. Mr. Bessent told the Wall Street Journal that both tax and spending cuts were priorities. "Bessent understands a lot of different asset classes and is going to help Trump stay very sensitive to market reactions," said Carol Schleif, chief investment officer with BMO Family Office. The S&P/TSX Composite Index ended down 33.93 points at 25,410.35, pulling back from a record closing high on Friday. The U.S. small-cap index hit an all-time intraday high of 2,466.49.