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 Berita

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.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 5. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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,...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

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.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »

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.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »

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.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »

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.
Sumber: HuffPostCanada - 🏆 61. / 53 Baca lebih lajut »