The market surged to new records after Donald Trump's re-election, with sectors like banking and tech leading the gains. The rally was driven by expectations of looser regulations, higher energy prices, and continued tech dominance, though some sectors like retail and solar stocks took a hit.
Bank stocks rallied on hopes of looser regulations and potential M&A activity.
Tech stocks, led by Tesla and Nvidia, saw sharp increases.
Some sectors, like retail and solar stocks, dropped due to increased tariffs and regulatory concerns.
A historic day on Wall Street after the Presidential election results. The “Fast Money” traders dive into the market winners and losers. And, how much power may be left in the Tesla surge.