Global equity markets set records with exceptionally high figures on Monday, bolstered by rising stocks of banks that found support in the optimization of the financial policy of the elected President Donald Trump. Giants of the technology industry are typically seen as drivers of new records on Wall Street, but today they remain laggards. Despite their underperformance, the equity market continues to move forward and celebrates the victory of Republican Donald Trump in the elections, with bank stocks leading the charge.
Stocks of several other companies also increased their profits after Trump's election victory, with shares soaring in value at Bank of America, Citigroup, JPMorgan, Goldman Sachs, and Wells Fargo. Bank of America rose by 2.11%, Citigroup by 1.7%, JPMorgan by 0.79%, Goldman Sachs by 2.22%, and Wells Fargo by 3.6%.
