Stocks are starting to price in a Trump victory, possibly even a Republican sweep, according to JPMorgan.
Take a look at the Dow Jones Industrial Average , which recently cleared the 43,000 milestone for the first time ever, or the S & P 500 , which surpassed 5,800.
Meanwhile, U.S. banks, which are expected to face less regulatory scrutiny from Trump than under the Biden administration, have rallied.
The SPDR S & P Regional Banking ETF (KRE), has advanced 5.9% this month alone, and financials are the top-performing S & P 500 sector this month.
KRE 1M mountain SPDR S & P Regional Banking ETF over the past month.
Persons:
Stocks, Donald Trump, Nikolaos Panigirtzoglou, Biden, Trump, Panigirtzoglou, bitcoin
Organizations:
Republican, JPMorgan, Dow Jones, Trump, Regional Banking, U.S, Treasury, UST, flattish, White
Locations:
U.S, London, flattish U.S, DXY