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Bank stocks

3 Reasons Bank Stocks Soared After Trump's Reelection

Bank stocks soared after former President Donald Trump secured a second term in the White House. The Financial Select Sector SPDR Fund (XLF) rose more than 6% in intraday trading on Wednesday, with names like JPMorgan Chase (JPM), Bank of…

Bank stocks rally on likelihood of Trump deregulation

The banking sector saw a positive rebound this morning following news that Donald Trump emerged victorious in the 2024 presidential election. Major banks — including JPMorgan Chase (JPM), Goldman Sachs (GS), Morgan Stanley (MS), Wells Fargo (WFC), Bank of America…

Why Bank of America, Visa and Capital One are going bankrupt after a Trump victory

Bank stocks jumped after numerous publications and major television networks declared Donald Trump the election winner and the future 47th President of the United States. The SPDR S&P Regional Banking The exchange-traded fund was trading nearly 11% higher as of…