Trump's election victory gives a 'green light' to financial stocks, with Wall Street's major banks eyeing these banking stocks.
Wall Street analysts continue to predict Donald Trump's victory in the election and the potential impact on bank stocks.
The 'Trump trade' remains popular, with the s&p 500 breaking through 6000 points for the first time, while Tesla surged by 9%.
As the USA stock market continued to rise after the election, the Dow Jones Industrial Average surged over 300 points on Monday, closing above 44,000 points for the first time, setting a new historical high. The Dow rose 304 points to 44,293.69, a gain of 0.69%. The s&p 500 index rose 0.1%, closing at 6,001.35, surpassing 6,000 points for the first time, setting a new historical high. However, the nasdaq composite index hovered near the flat line, rising 0.06% to 19,298.76 points. JPMorgan and
Citigroup Options Spot-On: On November 11th, 182.86K Contracts Were Traded, With 2.48 Million Open Interest
On November 11th ET, $Citigroup(C.US)$ had active options trading, with a total trading volume of 182.86K options for the day, of which put options accounted for 22.31% of the total transactions,
Large-Cap Banks Set to Benefit From Capital Market Acceleration After Trump Win, Morgan Stanley Says
Rallying Bank Stocks Have Further Room to Run, Analyst Says
Express News | Goldman Sachs: Hedge funds are scrambling for bank stocks after the US presidential election, and the public utilities sector saw net selling for the first time in four weeks.