Bank stocks rise on deregulation bets as Trump wins the U.S. presidency
Bank stocks gained on Wednesday in premarket trade, as Donald Trump was elected the 47th President of the U.S. in the early morning hours. The banking sector was responding to expectations that Trump's second presidency will lead to reduced regulatory pressures.
From banks to small-caps, Trump victory drives rally in stocks
Donald Trump's U.S. presidential election victory boosted the stock market on Wednesday as investors bet on lower corporate taxes and deregulation, lifting shares of Tesla , banks, small-cap companies and Trump's own media company.
Stock markets and cryptocurrencies see gains following Trump’s victory
Major indexes gained ground, with the Dow Jones Industrial Average, S&P 500 and Nasdaq composite index rising on the prospect of another Donald Trump presidency.
Trump Victory Sparks Record-Setting Rally On Wall Street
Stocks skyrocketed during trading on Wednesday, as traders celebrated Donald Trump's victory in the presidential election. The major
Dow soars 1,500 points after Trump win, as investors bank on profits
Donald Trump's projected victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Wall Street believes stocks will keep climbing on Trump victory — but here’s what could potentially hurt them
Many on Wall Street expected Tuesday’s election would be the final obstacle standing in the way of a stock-market melt-up heading into the end of the year. But rising Treasury yields are increasingly a concern.
Rising Yields Loom Over the Stock Market’s Risk-On Trump Rally
Wall Street’s happy-go-lucky mood after Republican Donald Trump’s victory in the presidential election is propelling US stocks to record highs in their best session since the summer.
Mike Mayo Sees ‘Paradigm Shift’ for Banks on Trump Deregulation
For Mike Mayo, the veteran analyst known for pointed opinions on the largest US banks, the election of Donald Trump is ...
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Nexstar CEO Perry Sook Sees Deregulation Opportunities With Trump
In June 2023, Sook was elected chairman of the joint board of directors of NAB. Sook called deregulation, the No. 1 priority ...
Donald Trump Presidency Could Make 2025 a ‘Breakout Year for M&A’ With Deregulation on the Table
Donald Trump’s return to the White House next year could lead to a new wave of industry consolidation in the media and ...
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The S&P 500 will gain 11% by mid-2025 as the bull market accelerates under Trump, Evercore says
"This market will be driven higher by the policy prospect of deregulation in DC," Emanuel wrote in a Wednesday note.
LARRY KUDLOW: High growth, low inflation and Trump's golden age
Included in Trump's deregulation plan will be permitting reform, to not only unlock the fossil fuel spigots and produce more ...
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The world’s 10 richest people got a record $64 billion richer following Trump’s reelection
The world's 10 richest people, led by Elon Musk, gained a record $64 billion in a day as markets rallied on investor ...
Deregulation, energy dominance and privatization: Trump adviser lays out economic playbook
A key adviser to Donald Trump previewed the economic playbook for a second term in a televised interview on Wednesday, listing plans for ripping up regulations and dominating energy. Scott Bessent, [a ...
Why Financial Stocks Like American Express, Synchrony Financial, and Huntington Bancshares Rocketed Higher Today
Shares of bank and credit card stocks, such as American Express ( AXP 6.91%), Synchrony Financial ( SYF 18.44%), and ...
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Deregulation not licence to blend off-spec products, Dangote tells Pinnacle Oil
Dangote Petroleum Refinery and Petrochemicals has advised Pinnacle Oil and Gas Limited that deregulation should not be used ...
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Europe's banks brace for tougher competition under Trump 2.0
LONDON (Reuters) - European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a ...