Trump's election victory boosts US bank stocks, with Wall Street expecting relaxed regulations.
Within the largest banks in the usa, people's emotions range from cautious optimism to excitement because they see the prospect of relief from regulatory institutions during the Biden era.
Is Trump's victory equivalent to the banks on Wall Street winning? The five major banks have repeatedly hit new highs this year, and financial stocks are expected to continue the 'victory trade'.
Investors will hope for Trump to weaken financial regulations. Analysts point out that Trump's victory will bring the biggest change to federal financial regulatory institutions in US history.
10-Q: Q3 2024 Earnings Report
Zions Bancorporation National Association (NASDAQ:ZION) Will Pay A Larger Dividend Than Last Year At $0.43
Shares of Banking and Private Equity Stocks Are Trading Higher After Donald Trump Won the US Presidential Election.
Express News | Spdr S&P Regional Banking ETF Gains 9.4%
Express News | U.S. Regional Banks Surge After Donald Trump Elected US President
Express News | Huntington Bancshares up 6.7%, Comerica up 5.9%, Truist Financial up 6.6%
Express News | Zions Bancorporation up 5.6%, KeyCorp up 7.5%, Regions Financial up 8.2%
Express News | US Bancorp up 8.2%, Citizens Financial Services up 8.9%, Fifth Third Bancorp up 6.4%
Express News | U.S. Regional Banks Rise Premarket
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