These five stock groups could rally after Democrats’ midterms sweep, analysts say

Share

Democrats’ victory in the November midterms gave them seven Senate seats and more than 40 House seats. Wall Street analysts highlighted drone and battery manufacturers, renewable energy producers, healthcare stocks, airlines and selected specialty real estate investment trusts as potential beneficiaries. After Election Day, the S&P 500 fell 2.7% for the week, the Nasdaq Composite declined 3.4% and the Dow Jones Industrial Average lost 0.9%. The expected support for Ukraine, permitting reforms for solar projects, the restoration of certain healthcare benefits and restrictions on data center development are the main catalysts cited.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items