INITIAL MARKET REACTION TO TRUMP VICTORY:

• U.S. Stocks: Broadly higher across sectors
• $XLF: Big banks higher on expectations of regulatory relief, M&A growth
• Cannabis Stocks: $WEED (-7.87%), $MSOS, $TLRY (-6.72%) down as Florida votes against legalization
• $CVS (+2.04%), $UNH (-0.96%) : Health insurers rally on potential easing of Medicare Advantage pressures
• $XLE (+0.65%) , $XOM (+1.44%): Energy stocks higher, anticipating fossil fuel support and less regulation
• Solar/Renewables: Pressure on $FSLR (-2.52%), $SEDG (-14.07%), EV, hydrogen, and battery stocks as clean energy subsidies could be rolled back
• Crypto: Higher as Trump holds a favorable stance, $BTC (-4.86%) strong
• $TSLA (-9.09%): Higher after Trump Win as Musk was all-in on support
• Bonds: Weaker, with yields rising on fiscal concerns
• China Stocks: Weak as tariff pressures and anti-China policy concerns grow
• Peso/Mexican Equities: Weaker on aggressive trade policies and tariffs fear
• FinTech: Higher with $HOOD (-9.31%), $AFRM (-7.67%) , $SQ (-3.78%), $SOFI (-7.62%) responding positively
• Dollar: Stronger due to pro-business policies
• $META (-4.11%), $SNAP (-5.87%): Mixed as TikTok ban concerns ease
• Overall: Dollar, crypto, energy, banks, and U.S. stocks higher; bonds, renewables, and cannabis under pressure.