Solar stocks gain as Wall Street says Harris won the debate against Trump

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The Invesco Solar ETF and the iShare Global Clean Energy ETF gained more than 2% in early trading.

Wall Street largely thinks Vice President Kamala Harris beat former President Donald Trump in what will likely be their only debate.

"We expect a near-term bounce towards Vice President Harris following the first debate with former President Trump, but the longer-term impact remains unclear," Raymond James analyst Ed Mills told clients in a note late Wednesday night. "We'll go back to windmills and we'll go back to solar, where they need a whole desert to get some energy to come out," Trump said."You ever see a solar plant? By the way, I'm a big fan of solar."

"I will not ban fracking," Harris said during the debate. The vice president also pointed to investments the administration has made through the IRA in manufacturing clean energy technology.

 

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