Wall Street set to rise as investors bet on second Trump term

Quick Summary:

U.S.stock indexes were set to open higher on Monday, as traders priced in a greater chance of presidential candidate Donald Trump winning a second term after surviving an assassination attempt, while rate cut hopes further boosted sentiment.

We're seeing some of that in terms of forward looking expectations from investors at this point," said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance.

Under Trump, markets expect a hawkish trade policy and looser regulations over issues from climate change to cryptocurrency.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Markets Wall Street Donald Trump /Business/Business News Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 21:26:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 531 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 21628676

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 44 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

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: #22

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