Wall Street ends lower on first trading session of 2025; Tesla weighs
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
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Multi-Industry sector 2025 outlook amid Trump 2.0: RBC
January 3, 2025 7:00 PM ESTRBC Capital analysts are optimistic about the multi-industry sector heading into 2025, highlighting secular growth drivers and the pro-business stance of a potential Trump 2.0 presidency.
The 2025 setup looks broadly favorable for the Multi-Industry sector, the firm said in a note this week.
While risks like tariffs and reinflation loom, RBC sees them as manageable within an overall favorable environment for cyclical stocks.
According to RBC, the sector benefits from multi-year secular... More

