ETFs to consider with Trump re-entering the White House
US stocks an select sectors are in high spirits, continuing to rise coming off the news that Donald Trump has won the 2024 presidential election. The so-called Trump Trade is pushing shares of Tesla (TSLA) and Trump Media & Technology Group (DJT, DJTWW) higher alongside Big Banks, oil producers, and bitcoin (BTC-USD). TMX VettaFi Head of Research Todd Rosenbluth sits down with Brad Smith in-studio for this week's ETF Report to talk more about finding more financial sector exposure through funds like the Financial Select Sector SPDR Fund (XLF), Invesco KBW Bank ETF (KBWB), or SPDR S&P Regional Banking ETF (KRE). "If deregulation happens, the financial sector is likely to benefit. And there's always an ETF or three to get exposure to," Rosenbluth tells Yahoo Finance. Rosenbluth goes on to name a variety of ETFs to consider as these Trump Trade themes become more relevant, especially as clean and solar energy stocks affiliated with the "Harris Trade" take a hit this morning. Follow along Yahoo Finance's extensive coverage of the stock market reactions to the 2024 election results: Stock market today: Dow, S&P 500, Nasdaq futures soar as Trump triumphsDonald Trump has won the 2024 election. Here's what's next on 2 key economic issues.Wall Street scores political victory with a Trump win: 'This should aid all banks'Tesla stock soars by double digits after Trump winDJT stock surges in premarket trading as Trump clinches election winHere's how my 'Trump trade' is doing7 'election trades' Citi is watching To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.
