Global markets on alert for Biden exit as Trump-win trades mount

Quick Summary:

Investors are hastily making contingency plans for a Biden exit.

Discover Financial Services and Capital One Financial Corp.are among credit card companies that have risen on optimism over Trump, given that pair’s pending deal and speculation around possible changes to late fee rules.

The prospect of a Trump victory has supported myriad stocks that stand to benefit from his perceived stances on the regulatory environment, mergers and trade relations.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaChinaJapan

Topics: Trump Bitcoin Higher Tariffs Debate Biden Likely Market Markets Dollar Stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 09:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 914 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21476152

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 1 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 23 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #25

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