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-0.000593119810201543 -0.000741399762752034 -0.00252075919335687 -0.00444839857651241 -0.0034104389086594 -0.00704329774614464 0.00207591933570582 0.00103795966785302
Stock impact report

Why Financial Stocks Like American Express, Synchrony Financial, and Huntington Bancshares Rocketed Higher Today [Yahoo! Finance]

Synchrony Financial (SYF) 
Last synchrony financial earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
higher on Wednesday, up 6.3%, 17.8%, and 11.8%, respectively, as of 11:49 p.m. The banking sector was broadly lifted after last night's election of Donald Trump and a potential Republican sweep of Congress. The across-the-board rally for financial stocks appears to be due to enthusiasm over the prospect of greater financial deregulation, with perceived "riskier" financial stocks rallying the most. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The prospect of the incoming Trump Presidency and Republican term in Congress increases the prospects of a rollback in regulations and consumer protections put in place after the global financial crisis of 2008 and enforced aggressively under the current administration. For instance, last year, the Biden Administration proposed cracking down on excessive "junk" fees, like bounced check and overdraft fees, and directed the Consumer Financial Protection Bureau (CFPB) to make it e Show less Read more
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