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The Dow Jones Industrial Average jumped 440 points to a record close on Monday after President-elect Donald Trumps pick for Treasury secretary, Scott Bessent, laid out his priorities including tax cuts.

In his first interview as Treasury nominee with The Wall Street Journal, Bessent said he will also focus on imposing tariffs, cutting spending and keeping the US dollar as the worlds reserve currency.

The Dow closed up 1% at 44,736.57, while the S&P 500 gained 0.3% and hit an intraday record.

The longtime hedge fund manager said he is focused on making Trumps 2017 tax cuts permanent, as well as eliminating taxes on tips, social security benefits and overtime pay.

Bessent himself is a very prominent investor and has a stellar track record which makes him a great choice, and the markets are responding to the excitement about how they think he will handle fiscal policy and interest rates, Ted Jenkin, co-founder and business consultant at oXYGen Financial, told The Post. 

On Friday, Trump nominated the seasoned hedge fund manager, who has studied economic history for around 40 years, as US Treasury Secretary.

That’s despite protests from Elon Musk, who donated millions to Trump campaign efforts and rallied in swing states on the president-elects behalf. Musk had dogged Bessent as a business-as-usual choice, and threw his support behind Howard Lutnick, who Trump ended up nominating to head the Commerce Department instead.

Investors and Wall Street bigwigs have largely applauded the nomination of Bessent, who worked at George Soros firm before starting his own, because he is seen as the moderate choice, Mahoney Asset Management CEO Ken Mahoney said.

Trump has ruffled feathers with some of his controversial nominations, including Robert F. Kennedy, Jr. to lead the health department, former Rep. Matt Gaetz as attorney general and former Fox News personality Pete Hegseth to lead the Department of Defense.

Disruption is the goal when it comes to ripping DEI out of government, or getting the politics out of the Justice Department, but not when managing our banking system or world financial markets, Kenin Spivak, chief executive at SMI Group, told The Post. Bessent is an experienced, steady, capable expert in all aspects of the department he has been chosen to lead.

Spivak said investors view Bessent as the wise choice and expect him to advise Trump to use restraint when implementing some of his economic policies.

The president-elect has pushed for massive tariffs of 10% on all imports and 60% on goods from China. Economists have warned the outsize tariffs could reheat inflation.

Bessent, meanwhile, had viewed tariffs as a negotiating tool, saying earlier this year that the tariff gun will always be loaded and on the table but rarely discharged. 

[Bessent] talked about gradual tariff changes, which had been a fear and a talking point of Trump adversaries, Mahoney told The Post. This ideology of massaging in tariffs and seeing how things go makes much more sense.

Mahoney said less intense tariffs could help foreign policy which was a mess in every way with the Biden administration by encouraging fair trade practices while still gaining leverage over other countries.

Another one of Bessents popular proposals is what he calls the 3-3-3 rule, inspired by former Japanese Prime Minister Shinzo Abe, who revitalized Japans economy with a threefold policy. Bessents three goals are to slash the budget deficit to 3% of gross domestic product by 2028, boost GDP growth by 3% through deregulation and produce an additional 3 million barrels of oil per day, according to the Journal.

We also like to hear his policies around reducing the budget deficit and getting that under control, as we know there is a massive debt and spending problem within the government, Mahoney said. He also wants to increase oil productionso it is possible lower energy costs balance out the possible inflationary effects of tariffs.

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NHL playoff watch: Are the Rangers and Wild both on the ropes?

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NHL playoff watch: Are the Rangers and Wild both on the ropes?

As the defending Presidents’ Trophy winners, the New York Rangers were envisioned as a playoff team again in 2024-25. As the team on top of the league standings in early December, similar words could be written about the Minnesota Wild.

And yet, heading into Wednesday night’s matchup between the clubs (7 p.m. ET, ESPN+), nothing is certain about either team’s playoff chances after the pair has gone 8-9-3 in the past 10 games apiece.

The Wild enter the game in a playoff position, and have a 91.0% chance to make the playoffs per Stathletes. A key part of that is the team’s remaining strength of schedule; their remaining opponents have a 46.0% winning percentage, which is the second-easiest path. (Only the New Jersey Devils face a weaker slate in the final stretch.)

Compare that to the Rangers, who have a 27.3% chance, and will begin this game on the outside looking in. New York’s remaining slate is considerably more difficult; a 54.1% opponents’ winning percentage ranks as the second toughest, behind only the Detroit Red Wings.

If the Wild qualify as the first wild card, their likely first-round opponent is the Vegas Golden Knights; if they land in the second wild-card position, their likely opponent is the Winnipeg Jets. Unfortunately, Minnesota went 0-3 against both teams this season.

The Rangers’ more likely outcome as a playoff entrant is as the second wild card, which earns them a matchup against the Washington Capitals; the Caps have won all three games against New York this season. The Rangers could wind up as the first wild card, earning a matchup against the Atlantic Division champ. They went 1-2 against the Toronto Maple Leafs, 0-2 against the Florida Panthers (with one more game coming up on April 14), and 0-1 against the Tampa Bay Lightning (with games coming up on April 7 and April 17).

So, the future isn’t blindingly bright in the playoffs for these teams. But all you need is a ticket in, and unexpected things can happen!

There are just over two weeks left until the season’s end on April 17, and we’ll help you track it all with the NHL playoff watch. As we traverse the final stretch, we’ll provide details on all the playoff races, along with the teams jockeying for position in the 2025 NHL draft lottery.

Note: Playoff chances are via Stathletes.

Jump ahead:
Current playoff matchups
Today’s schedule
Yesterday’s scores
Expanded standings
Race for No. 1 pick

Current playoff matchups

Eastern Conference

A1 Toronto Maple Leafs vs. WC1 Ottawa Senators
A2 Tampa Bay Lightning vs. A3 Florida Panthers
M1 Washington Capitals vs. WC2 Montreal Canadiens
M2 Carolina Hurricanes vs. M3 New Jersey Devils

Western Conference

C1 Winnipeg Jets vs. WC2 Minnesota Wild
C2 Dallas Stars vs. C3 Colorado Avalanche
P1 Vegas Golden Knights vs. WC1 St. Louis Blues
P2 Los Angeles Kings vs. P3 Edmonton Oilers


Wednesday’s games

Note: All times ET. All games not on TNT or NHL Network are available to stream on ESPN+ (local blackout restrictions apply).

Minnesota Wild at New York Rangers, 7 p.m.
Washington Capitals at Carolina Hurricanes, 7 p.m. (TNT)
Florida Panthers at Toronto Maple Leafs, 7:30 p.m.
Colorado Avalanche at Chicago Blackhawks, 9:30 p.m. (TNT)
Seattle Kraken at Vancouver Canucks, 10:30 p.m.


Tuesday’s scoreboard

Washington Capitals 4, Boston Bruins 3
Montreal Canadiens 3, Florida Panthers 2 (OT)
Buffalo Sabres 5, Ottawa Senators 2
Columbus Blue Jackets 8, Nashville Predators 4
Tampa Bay Lightning 4, New York Islanders 1
St. Louis Blues 2, Detroit Red Wings 1 (OT)
Utah Hockey Club 3, Calgary Flames 1
Edmonton Oilers 3, Vegas Golden Knights 2
Anaheim Ducks 4, San Jose Sharks 3 (SO)
Los Angeles Kings 4, Winnipeg Jets 1


Expanded standings

Atlantic Division

Points: 94
Regulation wins: 37
Playoff position: A1
Games left: 8
Points pace: 104.1
Next game: vs. FLA (Wednesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 93
Regulation wins: 38
Playoff position: A2
Games left: 8
Points pace: 103.1
Next game: @ OTT (Thursday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 92
Regulation wins: 35
Playoff position: A3
Games left: 8
Points pace: 102.0
Next game: @ TOR (Wednesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 84
Regulation wins: 30
Playoff position: WC1
Games left: 8
Points pace: 93.1
Next game: vs. TB (Thursday)
Playoff chances: 99.8%
Tragic number: N/A

Points: 79
Regulation wins: 25
Playoff position: WC2
Games left: 8
Points pace: 87.5
Next game: vs. BOS (Thursday)
Playoff chances: 44.7%
Tragic number: N/A

Points: 75
Regulation wins: 26
Playoff position: N/A
Games left: 8
Points pace: 83.1
Next game: vs. CAR (Friday)
Playoff chances: 2.9%
Tragic number: 13

Points: 70
Regulation wins: 26
Playoff position: N/A
Games left: 8
Points pace: 77.6
Next game: vs. TB (Saturday)
Playoff chances: 0.1%
Tragic number: 8

Points: 69
Regulation wins: 23
Playoff position: N/A
Games left: 7
Points pace: 75.4
Next game: @ MTL (Thursday)
Playoff chances: 0.1%
Tragic number: 5


Metro Division

Points: 105
Regulation wins: 41
Playoff position: M1
Games left: 8
Points pace: 116.4
Next game: @ CAR (Wednesday)
Playoff chances: 100%
Tragic number: N/A

Points: 94
Regulation wins: 40
Playoff position: M2
Games left: 9
Points pace: 105.6
Next game: vs. WSH (Wednesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 87
Regulation wins: 35
Playoff position: M3
Games left: 6
Points pace: 93.9
Next game: vs. NYR (Saturday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 77
Regulation wins: 24
Playoff position: N/A
Games left: 9
Points pace: 86.5
Next game: vs. COL (Thursday)
Playoff chances: 16.7%
Tragic number: 17

Points: 77
Regulation wins: 32
Playoff position: N/A
Games left: 8
Points pace: 85.3
Next game: vs. MIN (Wednesday)
Playoff chances: 27.3%
Tragic number: 15

Points: 74
Regulation wins: 25
Playoff position: N/A
Games left: 8
Points pace: 82
Next game: vs. MIN (Friday)
Playoff chances: 8.7%
Tragic number: 12

Points: 71
Regulation wins: 20
Playoff position: N/A
Games left: 7
Points pace: 77.6
Next game: @ STL (Thursday)
Playoff chances: 0.1%
Tragic number: 7

Points: 71
Regulation wins: 20
Playoff position: N/A
Games left: 6
Points pace: 76.6
Next game: @ MTL (Saturday)
Playoff chances: ~0%
Tragic number: 5


Central Division

Points: 106
Regulation wins: 40
Playoff position: C1
Games left: 7
Points pace: 115.9
Next game: @ VGK (Thursday)
Playoff chances: 100%
Tragic number: N/A

Points: 102
Regulation wins: 40
Playoff position: C2
Games left: 8
Points pace: 113.0
Next game: vs. NSH (Thursday)
Playoff chances: 100%
Tragic number: N/A

Points: 94
Regulation wins: 38
Playoff position: C3
Games left: 7
Points pace: 102.8
Next game: @ CHI (Wednesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 89
Regulation wins: 30
Playoff position: WC1
Games left: 6
Points pace: 96.0
Next game: vs. PIT (Thursday)
Playoff chances: 92.9%
Tragic number: N/A

Points: 88
Regulation wins: 33
Playoff position: WC2
Games left: 7
Points pace: 96.2
Next game: @ NYR (Wednesday)
Playoff chances: 91%
Tragic number: N/A

Points: 80
Regulation wins: 26
Playoff position: N/A
Games left: 7
Points pace: 87.5
Next game: vs. LA (Thursday)
Playoff chances: 0.4%
Tragic number: 7

Points: 62
Regulation wins: 23
Playoff position: N/A
Games left: 7
Points pace: 67.8
Next game: @ DAL (Thursday)
Playoff chances: 0%
Tragic number: E

Points: 51
Regulation wins: 18
Playoff position: N/A
Games left: 8
Points pace: 56.5
Next game: vs. COL (Wednesday)
Playoff chances: 0%
Tragic number: E


Pacific Division

Points: 98
Regulation wins: 42
Playoff position: P1
Games left: 8
Points pace: 108.6
Next game: vs. WPG (Thursday)
Playoff chances: 100%
Tragic number: N/A

Points: 93
Regulation wins: 37
Playoff position: P3
Games left: 8
Points pace: 103.1
Next game: @ UTA (Thursday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 91
Regulation wins: 31
Playoff position: P2
Games left: 8
Points pace: 100.8
Next game: @ SJ (Thursday)
Playoff chances: 99.1%
Tragic number: N/A

Points: 82
Regulation wins: 26
Playoff position: N/A
Games left: 8
Points pace: 90.9
Next game: vs. ANA (Thursday)
Playoff chances: 13.9%
Tragic number: 11

Points: 81
Regulation wins: 26
Playoff position: N/A
Games left: 8
Points pace: 89.8
Next game: vs. SEA (Wednesday)
Playoff chances: 2.7%
Tragic number: 10

Points: 74
Regulation wins: 23
Playoff position: N/A
Games left: 8
Points pace: 82.0
Next game: @ CGY (Thursday)
Playoff chances: 0%
Tragic number: 3

Points: 68
Regulation wins: 25
Playoff position: N/A
Games left: 7
Points pace: 74.3
Next game: @ VAN (Wednesday)
Playoff chances: 0%
Tragic number: E

Points: 50
Regulation wins: 14
Playoff position: N/A
Games left: 8
Points pace: 55.4
Next game: vs. EDM (Thursday)
Playoff chances: 0%
Tragic number: E

Note: An “x” means that the team has clinched a playoff berth. An “e” means that the team has been eliminated from playoff contention.


Race for the No. 1 pick

The NHL uses a draft lottery to determine the order of the first round, so the team that finishes in last place is not guaranteed the No. 1 selection. As of 2021, a team can move up a maximum of 10 spots if it wins the lottery, so only 11 teams are eligible for the No. 1 pick. Full details on the process are here. Matthew Schaefer, a defenseman for the OHL’s Erie Otters, is No. 1 on the draft board.

Points: 50
Regulation wins: 14

Points: 51
Regulation wins: 18

Points: 62
Regulation wins: 23

Points: 68
Regulation wins: 25

Points: 70
Regulation wins: 26

Points: 69
Regulation wins: 23

Points: 71
Regulation wins: 20

Points: 71
Regulation wins: 20

Points: 74
Regulation wins: 23

Points: 74
Regulation wins: 25

Points: 75
Regulation wins: 26

Points: 77
Regulation wins: 32

Points: 77
Regulation wins: 24

Points: 80
Regulation wins: 26

Points: 81
Regulation wins: 26

Points: 82
Regulation wins: 26

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Roy: Duclair ‘god-awful’ during Isles’ 4-1 loss

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Roy: Duclair 'god-awful' during Isles' 4-1 loss

New York Islanders coach Patrick Roy said forward Anthony Duclair was “god-awful” in their loss to the Tampa Bay Lightning on Tuesday night, and that the veteran is failing to meet expectations.

Duclair played 12 minutes, 15 seconds in the Islanders’ 4-1 loss to the Lightning with zero points and finished at minus-1. He had only four shifts in the third period. It was the third straight game in which Duclair played 12:15 or less. He has averaged 15:03 in ice time this season, his first with the Islanders.

“He was god-awful. He was god-awful. He had a bad game. That’s why I didn’t play him a lot. And he’s lucky to be in the lineup. Sorry if I lose it on him right now, but that’s how I feel,” Roy said.

When asked what he’s seeing in Duclair’s game, the Islanders coach said “it’s an effort thing” for the veteran forward.

“He’s not skating, he’s not competing, he’s not moving his feet. He’s not playing up to what we expect from him,” Roy said.

Duclair has seven goals and four assists in 44 games with the Islanders, skating to a minus-15. The 29-year-old winger is averaging one point per 60 minutes — which would be a career low for the 11-year veteran. Duclair signed a four-year, $14-million free agent contract with the Islanders last summer and has a full no-trade clause through 2026.

New York is winless in its past six games, struggling down the stretch while chasing the final wild-card playoff spot in the Eastern Conference. The Islanders trail the Montreal Canadiens by five points with eight games to play.

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Canucks center Chytil could miss rest of season

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Canucks center Chytil could miss rest of season

VANCOUVER, British Columbia — Vancouver Canucks center Filip Chytil may miss the rest of the season after experiencing a setback in his attempt to return from another concussion.

Coach Rick Tocchet said Tuesday that Chytil has experienced good and bad days trying to work back. The 25-year-old from the Czech Republic has not played since getting concussed when he was hit from behind by Chicago’s Jason Dickinson on March 15.

“He would go out and skate and felt good, the next day not as good,” Tocchet said. “To be honest with you guys, does he play this year? Maybe the odds are against it. Plus you don’t want to put a guy in that type of position. But when a guy has good days and bad days, obviously you’re not going to play the guy.”

Asked if there was concern about Chytil’s hockey-playing career continuing because of his concussion history, Tocchet added he was not sure.

“I talked to him today and he said it was different than his last concussion,” Tocchet said. “The bad days aren’t as bad, so that’s a positive, so I think we’ve got to take the positive approach. Plus he’s got four, five months to rebuild himself, or who knows? We’ve just got to take it day by day with this guy right now.”

Vancouver acquired Chytil in late January as part of the return for trading J.T. Miller to the New York Rangers. Chytil has already had multiple concussions in the NHL and does not turn 26 until September.

The Canucks, who are making a desperate push to make the playoffs, are also not sure about the status of center Elias Pettersson, who has not played since getting injured March 22 against the Rangers. Tocchet said Pettersson was day to day.

Captain Quinn Hughes has missed time for a lower-body injury and winger Brock Boeser was temporarily sidelined by a concussion. All-Star goalie Thatcher Demko missed training camp and the beginning of the season as he worked his way back from a rare knee injury, then went down with another injury in February.

“There’s been a lot of things that’ve hit this team,” Tocchet said. “And you’re looking for culture stuff, right? Who’s all in and who’s not. When you have a lot of guys all buying in, you can withstand some stuff.”

The Canucks (34-27-13) are chasing the Minnesota Wild, St. Louis Blues and Calgary Flames for the final two playoff spots in the Western Conference as they get set to host the Seattle Kraken on Wednesday.

The odds of making a playoff run aren’t in Vancouver’s favor, but everyone on the team is staying committed, Demko said, even as injuries continue to ravage the lineup.

“I think as a group, we’ve been through a lot this year,” Demko said. “It’s obviously not an easy situation right now with some of the guys out, but I feel like our effort’s been there every game. We haven’t mailed it in, we’re not using it as an excuse. We’re showing up every night and giving it a solid effort. So really proud of the guys coming together and trying to get some wins here.

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