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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%.
MSCI to Add 22 Stocks, Remove 57 Stocks From ACWI Index in Latest Rebalance
FICO Non-GAAP EPS of $6.54 Beats by $0.15, Revenue of $453.81M Beats by $5.94M
Shares of Aerospace and Defense Companies Are Trading Higher After Donald Trump Won the 2024 Presidential Election.
Shares of Software Companies Are Trading Higher in Sympathy With Overall Market Strength After Donald Trump Was Elected President of the United States.
Wells Fargo's Growth List – META, CPAY, DXCM, and More