Investment Learning

  • November 7, 2024

Trump rally could bring about 'new uncertainty' as markets calm

Donald Trump's reelection resulted in serious gains across markets and particular sectors in Wednesday's trading session. Investors saw the Trump Trade turn into a "Trump Everything Rally," Powers Advisory Group Managing Partner Matt Powers tells Yahoo Finance, noting the spark seen in the financial (XLF) and utilities (XLU) sectors. Powers sits down with Brad Smith on Wealth to discuss where Wall Street has seen market moves between Tuesday's election results and the interest rate cut expected from the Federal Reserve on Thursday. "Sectors we like the possibility of the deregulation of banks and it should spark the financial sector, should benefit both large banks and regionals," Powers explains. "Oil and gas will likely benefit. Energy stocks rose quite a bit yesterday but on expectations of pro-industry policies, clean energy's probably going to continue to suffer in that area." To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

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  • November 7, 2024

9 Stocks To Watch As Bank Stocks Blow Past Tech Names In 2024: Thank The 'Trump Trade'

Financial stocks have surged ahead of tech in year-to-date performance, fueled by a Trump-led rally on Wednesday that lifted banks and brokers amid investor expectations of a deregulation-friendly political landscape ahead. The Financial Select Sector SPDR Fund (NYSE:XLF) has risen by 30% in 2024, outpacing the Technology Select Sector SPDR Fund (NYSE:XLK), which is up 26% this year. Small and mid-sized banks, tracked by the SPDR S&P Regional Banking ETF (NYSE:KRE), have also seen strong perform

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  • November 7, 2024

Mortgage rates move higher for sixth consecutive week

Mortgage rates are edging higher for their sixth consecutive week, according to Freddie Mac, with the average 30-year fixed rate mortgage ticking up to 6.79%. Yahoo Finance housing reporter Claire Boston sits down with Brad Smith on Wealth to dissect this new mortgage print ahead of today's interest rate decision from the Federal Reserve, referencing how the central bank and housing markets are viewing the environment under a second Donald Trump administration after his 2024 election victory. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

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  • November 7, 2024

Fully owned homes reach 39.8% nationwide in 2023: Census survey

According to the latest data from the US Census Bureau's American Community Survey (ACS), the share of mortgage-free homes in the United States reached 39.8% in 2023. Yahoo Finance Housing Reporter Dani Romero breaks down the details, highlighting the states where this trend is most prominent. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

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  • November 7, 2024

Zillow stock soars on Q3 earnings beat, rental unit grows 24%

Zillow Group (Z, ZG) stock is up by over 21% in Thursday trading after the real estate company topped third quarter earnings estimates, its rental business growing by 24% year-over-year. Catalysts host Seana Smith highlights Zillow's latest earnings print and CFO Jeremy Hofmann's commentary on the US housing market outlook. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.

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  • November 7, 2024

Carlyle Group's Mixed Q3: Record Q3 Fee-Related Earnings, Revenue Miss & More

The Carlyle Group Inc. (NASDAQ:CG) reported the third quarter adjusted EPS of $0.95, beating the consensus of $0.90, and revenues of $895.0 million missed the consensus of $921.7 million. Net Accrued Performance Revenues were $2.8 billion, up 28% quarter-over-quarter, and up 17% from fourth-quarter 2023, primarily led by appreciation across the portfolio. Realized Net Performance Revenues were $91 million, led by exit activity in the third Europe technology fund, the fourth Asia buyout fund, the

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  • November 6, 2024

3 reasons bank stocks soared after Trump's reelection

Bank stocks popped after former President Donald Trump secured a second term in the White House. The financial select sector SPDR fund (XLF) rose more than 6% in intraday trading on Wednesday, with names like JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), and Goldman Sachs (GS) gaining. KBW managing director David Konrad joins Josh Lipton on Asking for a Trend to discuss why Trump's win sent the sector higher and what bank investors are looking for from his second term. Konrad says, "There's three main factors, all kind of surrounding deregulation to some extent," that sent bank stocks higher: less antitrust regulation leading to more mergers, lower capital constraints, and less pressure from the Consumer Financial Protection Bureau (CFPB) on consumer fees. "The other factor would be a little bit of the concern of the inflationary ramifications of the Trump administration, potentially, and so people are looking for more asset-sensitive names for kind of a higher for longer, and those are really the true outperformers that we saw today." Watch the video above for more about Konrad's expectations for the banking sector under Trump. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Naomi Buchanan.

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  • November 6, 2024

Bank stocks rallying around odds of Trump deregulations

The banking sector flew into positive territory this morning on the news that Donald Trump emerged victorious in the 2024 presidential election. Big Banks — including JPMorgan Chase (JPM), Goldman Sachs (GS) Morgan Stanley (MS), Wells Fargo (WFC), Bank of America (BAC), and Citigroup (C) — are likely seeing upside to possible deregulation under Trumps second term. "It is a reflection that the Biden administration's financial services agenda is kaput, and we can make the argument that it was kaput before today because the banking industry has had a lot of luck in locking up some of the most important or significant regulations proposed by the Biden administration in court across the country," Punchbowl News financial services Reporter Brendan Pedersen tells Catalysts. "At this point, all those court challenges might as well be over because Trump administration regulators will come in and just pull them back." Pedersen discusses Senator Tim Scott's (R-SC) likely role as the next Senate Banking Committee chair, emphasizing a notable tone shift for the committee from Ohio Senator Sherrod Brown's (D) leadership. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

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  • November 6, 2024

Chip Stocks Pop Despite Trump's Disdain for Key Industry Legislation

Chipmakers are seeing a boost, despite Donald Trump's stance on legislation directing billions of dollars to them. Stocks of companies that produce semiconductors were rising Wednesday after Trump was elected as president. Shares of Qualcomm gained 3.8%, Micron Technology added 5.6% and Advanced Micro Devices rose 1.9%.

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