Here's what Bank of America analysts think the different election outcomes could mean for stocks.
The U.S. election is about two weeks away – and who winds up in the White House and in Congress could have an impact on key corners of the stock market, according to Bank of America. "Profits accelerating are far more important than who is sitting in the Oval Office. But politics can make or break sub-sectors," the firm wrote in a Friday note. With this in mind and with volatility expected to rise as the Nov.
mountain Meta Platforms in 2024 "While a Democrat-led will likely continue to bring more antitrust pressure to the Big-3 , a split congress is less likely to pass legislation that could change current operating environment," Post wrote. Meanwhile, Harris' plan to increase corporate income taxes to 28% from the current level of 21% would likely pose a headwind to retailers that have high domestic exposure, according to analyst Lorraine Hutchinson.
Skechers USA Inc Graphic Packaging Holding Co Packaging Corp Of America Smurfit Kappa Group PLC Smurfit Kappa Group PLC Live Nation Entertainment Inc Cboe Global Markets Inc CME Group Inc Centene Corp Oscar Health Inc Visa Inc Lyft Inc Uber Technologies Inc Humana Inc Agilon Health Inc Unitedhealth Group Inc Universal Health Services Inc Tenet Healthcare Corp Five Below Inc Ulta Beauty Inc Urban Outfitters Inc Gap Inc American Eagle Outfitters Inc Lululemon Athletica Inc Amazon.Com Inc Alphabet Inc Snap Inc Meta Platforms Inc China Government And Politics Donald Trump Stock Markets Markets Business Wall Street Breaking News: Investing Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Harris County shooting: Suspect accused of killing Harris County Precinct 4 Constable moved to Harris Co.The suspect accused of killing Precinct 4 Constable Deputy Maher Husseini is now behind bars in Harris County, according to jail records.
Read more »
Younger Americans overwhelmingly support Harris -- but both Harris, Trump have room to grow: PollHarvard's data also indicated signs of a gender gap in Harris' support.
Read more »
Harris And Trump’s Biggest Celebrity Endorsements: Willie Nelson Hosting ‘Cannabis Community’ Zoom For HarrisMary Roeloffs is a Forbes reporter who covers breaking news with a frequent focus on the entertainment industry, streaming, sports news, publishing, pop culture and climate change. She joined Forbes in 2023 and lives in Nashville.
Read more »
Trump vs. Harris: Big shift in Pennsylvania Senate race a warning sign for Harris?Both sides believe the race for Pennsylvania could be even closer this time.
Read more »
Rap Music Mogul Michael ‘Harry O’ Harris Endorses Trump, Hasn’t Heard from Kamala HarrisSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Trump's Rescue Mission: Saving America Exposes Kamala Harris' Radical AgendaA new documentary titled 'Trump's Rescue Mission: Saving America' features exclusive interviews with former President Donald Trump, Sen. JD Vance (R-OH), and other prominent conservatives, aiming to expose Vice President Kamala Harris's radical agenda.
Read more »