Trump's victory sparked a frenzy of rotation in US stocks: bank stocks soared, stock indices rose by more than 10%, energy stocks surged, and photovoltaic stocks collapsed.
Benefiting from expectations of relaxed financial regulation, major US banks such as Goldman Sachs, JPMorgan, and Morgan Stanley all rose by more than 10%; renewable energy stocks plummeted, with solar energy stocks like Sunrun falling by at least 10%; Bitcoin hitting a record high drove up the overall crypto concept stocks, with the largest US crypto exchange Coinbase closing up by 31%.
Trump officially wins the usa election! A comprehensive understanding of his policy positions.
According to multiple American media predictions, former USA president and Republican candidate Trump won the 60th presidential election, becoming the first president since Grover Cleveland in the 1890s to be elected twice and have non-consecutive terms; On January 20th next year, President-elect Trump and Vice President JD Vance will be sworn in and officially take office at the White House.
JPMorgan, Bank Of America And Wells Fargo Shares Surged Wednesday: Here's Why
Direct hit usa election | Trump officially announced to win the USA election.
The 2024 US presidential election will officially vote on November 5, kicking off a critical battle that will determine the future direction of the United States.
USA Election: The overall situation is settled, what lies ahead?
Trump leads in all 7 swing states. The Republican Party controls the Senate and is highly likely to control the House of Representatives. Such a significant lead indicates a rightward shift in the American political spectrum, with Republican political influence rising. American society may once again shift from 'pursuing fairness' to 'pursuing efficiency.'
Bank of America Options Spot-On: On November 6th, 383.75K Contracts Were Traded, With 3.21 Million Open Interest
On November 6th ET, $Bank of America(BAC.US)$ had active options trading, with a total trading volume of 383.75K options for the day, of which put options accounted for 34.56% of the total
SA Asks: How Will the U.S. Election Results Impact Financial Stocks?
Bets on 'New Era' of Wall Street Oversight Push Banks to All-Time Highs -- Barrons.com
Bank of America Up Nearly 7%, on Track for Highest Close Since February 2022 -- Data Talk
Shares of Banking and Private Equity Stocks Are Trading Higher After Donald Trump Won the US Presidential Election.
Big Bank Stocks Soar on Deregulation Expectations
Express News | Goldman Sachs and Citigroup, along with other American banks, rose in the market as the market is bullish on Trump's relaxation of financial regulations.
Goldman Sachs quick take on Trump's victory: will only slightly reduce taxes, limited impact of tariffs on the economy.
Goldman Sachs believes that if the Republican Party wins a slim majority in the House of Representatives, the expected tax reduction is only expected to account for a fraction of a percentage point of GDP, mainly targeting individual income taxes rather than corporate taxes; in terms of tariffs, automotive tariffs will become a focus and moderately drag on GDP; in terms of regulations, the Trump administration may take a more lenient approach.
Trump returns to the White House! Looking back at his previous term, which type of assets performed the best?
In the face of the upcoming "Trump 2.0" era, considering the similarities in his campaign policies with the previous term, investors may find insights from history: which type of assets performed best during Trump's first term?
U.S. stock market anomaly | Banking stocks are generally rising before the market, expected to benefit from potential financial regulatory relaxation.
Gelonghui November 6th | Banking stocks rose across the board before the market opened, with Wells Fargo & Co up over 10.6%, Citigroup up around 8.5%, Bank of America and JPMorgan up nearly 7%, and Bank of New York Mellon up more than 5%. On the news front, Trump announced victory in the 2024 presidential election, with market betting that the Republican Party's relaxation of financial regulations will benefit banking stocks. TD Cowen Inc 7.75% senior notes due 15/06/33 usd25 analyst Jaret Seiberg pointed out that the Consumer Financial Protection Bureau (CFPB) relaxing regulations would be especially beneficial for financial companies. Seiberg stated that considering the possibility of lowering capital requirements, credit card late fees
U.S. Stock Market Outlook: Trump wins, market shifts entirely to Trump trade! DJT soars 37% pre-market, Tesla rises over 12%
Delisting crisis worsens! super micro computer Q2 guidance falls short of expectations, annual report release time still uncertain; The next step for the Federal Reserve: Trump's influence is far greater than Powell's.
Dow, Nasdaq Futures Race Higher As Trump Wins White House: DJT, Tesla Shares Surge — Veteran Investor Predicts US Economy Could 'Take Off'
Opinion | After Trump's election victory, what other issues are worth paying attention to?
Of course, after 'completing the drama', what's worth paying attention to are the unresolved questions after the election: the most pressing one is the control of the other half of Congress, the House of Representatives, which will directly impact the progress of inflation in the USA, and the external environment China will face next year. Another issue is Trump's real policy demands. We still believe that there might be discrepancies between Trump's policy layout during the new term and his statements during the campaign, so it's crucial to seize the time window after the election for hints from the presidential speeches and personnel nominations.
[Real-time Tracking of the Election] Trump officially wins the usa election.
On November 5th, USA will hold the 60th presidential election, the current vice president Harris and former president Trump will officially compete. Finance Associated Press will track and report the latest developments of this election, so please stay tuned.
Trump wins the election! Related concept stocks all soared, what else should we pay attention to in the future?
Minsheng Securities believes that for Trump's policies, two approaches need to be followed: what is said after the election is more important than what is said before the election; actions speak louder than words.