Politics
Piper Sandler explained in a note this week that when Donald Trump won the 2016 U.S. presidential election, the overall market response was muted, but significant sector-specific moves occurred.
The investment firm said financials, especially banks and insurance companies, led the way with substantial gains. Sallie Mae rose 37%, and Freddie Mac surged 97% within seven trading days.
According to Piper Sandler, bonds and bond proxies, such as utilities and REITs, sold off... (continue reading...)
With the 2024 U.S. presidential election approaching, analysts are actively debating the potential outcomes, particularly how a second term for Donald Trump might unfold.
Weighing in on this matter, JPMorgan’s team believes a second Trump administration would bring significant changes across various policy areas, from foreign relations to domestic regulations.
One of the primary shifts under a Trump 2.0 administration would be a tougher stance on foreign policy,... (continue reading...)
Apple (NASDAQ: AAPL) and Meta (NASDAQ: META) are set to face EU charges under newly implemented tech rules - Reuters
- Apple and Meta Platforms will likely face charges for failing to comply with landmark EU rules aimed at reining in their power before the summer.
- The EU commission sees Apple and Meta as priority cases.
- The DMA requires Big Tech to open up space for smaller rivals to compete and make it easier for people to move between... (continue reading...)
Bank of America expects the Bank of England (BoE) to hold rates steady at its upcoming policy meeting, citing a lack of evidence to warrant a cut and the upcoming UK election.
"We expect the Bank of England to keep the Bank Rate and guidance unchanged at next week's policy meeting," predicts BofA. They anticipate a 7-2 vote in favor of holding rates.
The bank's guidance will likely remain focused on upcoming data to assess if inflationary pressures are truly easing,... (continue reading...)
By John Irish and Elizabeth Pineau
BORGO EGNAZIA, Italy (Reuters) -France is facing a "very serious" moment as parliamentary elections loom, said President Emmanuel Macron on Friday, with financial markets rattled by the country's far-right and far-left political blocs currently leading polls.
Political uncertainty has already triggered a brutal sell-off of French bonds and stocks after Macron unexpectedly called the election, following a... (continue reading...)
More Politics
View Older Stories-
Supreme Court Upholds Full Access To Mifepristone Abortion Pill - Bloomberg
-
EU to Impose Additional Tariff on EV Imports From China - Bloomberg
-
China ready to defend interests as EU tariffs on EVs loom
-
Jury found Hunter Biden guilty an all three counts in gun trial
-
US Senate panel to weigh Novo Nordisk subpoena over Ozempic, Wegovy prices
-
Senate Panel Plans to Vote on Subpoena for Novo Nordisk (NVO) President - Bloomberg
-
Europe in Talks to Keep Russia-Ukraine Gas Pipeline Flowing - Bloomberg
-
BofA: Bank stocks should remain well bid into US elections
-
These are the S&P 500 historical returns during election years
-
US election 2024: A referendum on Biden?
-
U.S. Energy Secretary Granholm: US would cede electric vehicle market to China without new tariffs
-
Apple (AAPL) Held Talks With China Mobile over Apple TV+ to China - The Information
-
What if Trump returns to the presidency? Fed changes, inflation outlook and more
-
Biden largely spent his political capital, the risk is now to the downside: BCA
-
Trump conviction is a non-factor in election: strategists
-
Exclusive-One in 10 Republicans less likely to vote for Trump after guilty verdict, Reuters/Ipsos poll finds
-
Trump says he will appeal guilty verdict in hush money case
-
Biden To Deliver Remarks On The Middle East Friday Afternoon
-
US imposes visa restrictions on Chinese, Hong Kong officials, State Dept says
-
Instant view: Little market impact expected from Trump guilty verdict
-
Former President Donald Trump found guilty in hush money trial on all counts
-
Biden secretly gave Ukraine permission to strike inside Russia with US arms, Politico reports
-
Billionaire investor Ackman considering backing Trump in US election, source says
-
Musk not in discussions with Trump over cabinet role
-
OPEC+ Discussing Extending Some Oil Output Cuts Expiring in 2024 into 2025 - Reuters
-
France's Macron Lobbied Canada's Trudeau to Help Secure Airbus and Others Waiver from Sanctions on Russian Titanium - Reuters
-
Elon Musk could become policy adviser if Trump wins election, WSJ reports
-
EU Commission to Postpone Chinese EV Tariff Decision - Reuters
-
Donald Trump and Elon Musk Discussed Possible Advisory Role for Musk if Trump Wins 2024 Presidential Election - WSJ
-
Russia's Putin: don't see desire from US about strategic talks
-
EU commission: Meta Platforms (META) has taken measures to mitigate EU election disinformation
-
Who is the 'chaos candidate' in the 2024 US presidential election?
-
Blackstone (BX) CEO Steve Schwarzman Is Endorsing Trump: Axios
-
Kazakh Oil Flow to Germany Intact With Druzhba Issue Resolved - Reuters
-
Microsoft's (MSFT) UAE Deal Could Transfer Key US Chips and AI Technology Abroad - Reuters
-
'Biden’s efforts to win votes feels unprecedented': Piper Sandler
-
US lawmakers advance bill to make it easier to curb exports of AI models
-
Biden-Trump debate to be the biggest shock for markets in June: Investment manager
-
Target (TGT) May weekly 157.50 straddle into quarter results
-
ASML (ASML), TSMC (TSM) Can Disable Chip Machines if China Invades Taiwan - Bloomberg
-
Donald Trump Foreign Policy Advisers Met Israeli PM Netanyahu - Reuters
-
ECB Said Open to BBVA-Sabadell Deal - Bloomberg
-
Biden hikes US tariffs on Chinese imports
-
Biden administration announces increased tariffs on host of Chinese imports
-
Biden Imposes Sweeping Tariffs on Chinese Chips, Minerals, EVs - Bloomberg
-
Biden Remains Determined To Make Sure US Steel (X) Remains In American Hands, White House Says
-
Chinese companies hit with US trade restrictions over spy balloon incident
-
Trump vows to target EVs, LNG exports in meeting with oil CEOs, report says
-
DJT stock rises as Trump trial enters critical days
-
Upcoming US election and equity implications from JPMorgan