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-0.000774209532067759 -0.00024774705026181 0.0015793874454182 -0.0041187947106006 -0.0041187947106006 -0.0041187947106006 -0.0041187947106006 -0.0041187947106006
Stock impact report

Why Brokerage Stocks Like Schwab and Raymond James Are Up Today [Yahoo! Finance]

Raymond James Financial, Inc. (RJF) 
Last raymond james financial, inc. earnings: 4/29 04:35 pm Check Earnings Report
US:NYSE Investor Relations: raymondjames.com/investor-relations
Company Research Source: Yahoo! Finance
Shares of brokerage outfits Charles Schwab (NYSE: SCHW) and Raymond James Financial (NYSE: RJF) are up 6.5% and 9.4% (respectively) headed into Wednesday's close, for reasons that aren't exactly surprising. Credit Donald Trump's successful bid for the U.S. presidency, mostly. While current VP and defeated presidential hopeful Kamala Harris wouldn't have necessarily been bad for business, it's believed that brokerage firms and other financial stocks will fare better with pro-business Trump in the White House. Shares of more conventional banking names like Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC) are faring even better on Wednesday, for largely the same reason. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » And it's not a terrible bet. Shares of Raymond James advanced between the time Trump was first elected in November 2016 and the advent of the COVID-19 pandemic in early 2020. Ditto for Charles Schwab st Show less Read more
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