Stocks to watch as Biden and Trump vie for presidency

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 41 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 184%
  • Publisher: 92%

Canadian News Notícia

Canada News,Breaking News Video,Canadian Breaking News

A look at the impact on equities

The first U.S. presidential debate saw President Joe Biden turning in a fitful performance, especially at the beginning, as he exchanged barbs with former President Trump on abortion, immigration, the wars in Ukraine and Gaza and even their golf games.

The brokerage sees benefits for big banks like JPMorgan & Chase, Bank of America, Wells Fargo and smaller lenders including Discover Financial, KeyCorp and Synchrony Financial.J.P.Morgan analysts believe opposition to the green revolution by Trump and other Republicans could pose a risk to investments in clean energy manufacturing, facilitated by the tax incentives in the Inflation Reduction Act of 2022.

However, increased oil and natural gas investment, more drilling activity and higher natural gas exports could benefit producers such as Exxon Mobil, Cheniere Energy and ConocoPhillips under Trump 2.0.A second Trump administration is expected to be much more protectionist in terms of import tariffs. “The consumer discretionary sector is exposed in that environment,” UBS analysts say.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 5. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

What a Biden-Trump rematch means for the largest retail stocksIf there has been any constant down the aisles of supermarkets and on the racks at clothing stores, it’s inflation. While inflation has started to cool down,...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

EV, Chips, Crypto Stocks in Crosshairs as Biden, Trump Face OffThe stock market has largely brushed off the uncertainty around November’s US election. That may change Thursday evening, when President Joe Biden and former President Donald Trump face off in the first debate in the race.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

Stocks and cryptos trade sideways as investors eye PCE report, Biden-Trump debateThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »

Supreme Court strikes down Trump-era ban on rapid-fire rifle bump stocks, reopening political fightWASHINGTON (AP) — The Supreme Court on Friday struck down a Trump-era ban on bump stocks , the rapid-fire gun accessories used in the deadliest mass shooting in modern U.S.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Trump Is Fine With SCOTUS Legalizing Bump Stocks, Which He'd Helped BanSara Boboltz is a reporter for HuffPost based in New York City. She can be reached at sara.boboltzhuffingtonpost.com.
Fonte: HuffPostCanada - 🏆 61. / 53 Consulte Mais informação »