Why Brokerage Stocks Like Schwab and Raymond James Are Up Today
Raymond James Financial(RJF) The Motley Fool·2024-11-07 04:30
The expected future was altered in a big way Tuesday night.A good day for the stock market is proving to be a great day for select financial names. Shares of brokerage outfits Charles Schwab (SCHW 6.72%) and Raymond James Financial (RJF 9.80%) are up 6.5% and 9.4% (respectively) headed into Wednesday's close, for reasons that aren't exactly surprising.Brewing up a bullish environment for the banking businessCredit Donald Trump's successful bid for the U.S. presidency, mostly. While current VP and defeated p ...