My Portfolio's Biggest Winners And Losers From A Republican Sweep
Portfolio Pulse from
The Republican sweep in the election led to a sharp market reaction with the S&P 500 rising by approximately 4.5%. REITs were negatively impacted by rising Treasury rates, while regional banks and energy stocks gained. Renewables and healthcare REITs faced short-term declines.
November 09, 2024 | 2:00 pm
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POSITIVE IMPACT
The S&P 500 rose by approximately 4.5% following the Republican sweep in the election, indicating a positive market reaction.
The S&P 500's rise is attributed to the market's positive reaction to the election results, suggesting investor confidence in the new administration's policies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
REITs, represented by VNQ, were negatively impacted by rising Treasury rates, despite potential long-term benefits from suppressed new construction starts.
Rising Treasury rates typically increase borrowing costs, negatively impacting REITs in the short term, despite potential long-term benefits from reduced construction.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70