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 (-5,37%), $MSOS, $TLRY (-5,68%) down as Florida votes against legalization
- $CVS (+3,38%), $UNH (+0,96%) : Health insurers rally on potential easing of Medicare Advantage pressures
- $XLE (+1,19%) , $XOM (+1,67%): Energy stocks higher, anticipating fossil fuel support and less regulation
- Solar/Renewables: Pressure on $FSLR (-2,86%), $SEDG (-13,61%), EV, hydrogen, and battery stocks as clean energy subsidies could be rolled back
- Crypto: Higher as Trump holds a favorable stance, $BTC (-4,13%) strong
- $TSLA (-8,87%): 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 (-9,66%), $AFRM (-6,35%) , $SQ (-3,37%), $SOFI (-7,89%) responding positively
- Dollar: Stronger due to pro-business policies
- $META (-5,4%), $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.