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Trump rally could bring about 'new uncertainty' as markets calm 21 час назад


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Trump rally could bring about 'new uncertainty' as markets calm

Donald Trump's reelection resulted in serious gains across markets and particular sectors in Wednesday's trading session. Investors saw the Trump Trade turn into a "Trump Everything Rally," Powers Advisory Group Managing Partner Matt Powers tells Yahoo Finance, noting the spark seen in the financial (XLF) and utilities (XLU) sectors. Powers sits down with Brad Smith on Wealth to discuss where Wall Street has seen market moves between Tuesday's election results and the interest rate cut expected from the Federal Reserve on Thursday. "Sectors we like the possibility of the deregulation of banks and it should spark the financial sector, should benefit both large banks and regionals," Powers explains. "Oil and gas will likely benefit. Energy stocks rose quite a bit yesterday but on expectations of pro-industry policies, clean energy's probably going to continue to suffer in that area." #youtube #Trump #news About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X:   / yahoofinance   Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook:   / yahoofinance   LinkedIn:   / yahoo-finance  

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