Goldman, Citi, JP Morgan soar with Trump poised to deliver deregulation

Quick Summary:

NEW YORK – Stocks hit all-time highs with investors mapping out Donald Trump’s return to the White House and what his policies will mean for markets and the economy.

An exchange-traded fund that tracks the movement of major bank stocks also climbed, putting it on track to reach the highest level in more than two years.

The S&P 500 climbed 2 per cent, heading toward its 48th record this year, on bets newly elected president will enact pro-growth policies that will boost Corporate America.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Cent Been Trump Corporate Good Taxes Months Investors Banks Trump’s Rallied

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 23:14:08 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © The Straits Times

News ID: 23449423

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 20 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #25

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