Bank Stocks Surge 5% as Trump Victory Fuels Regulatory Optimism

Bank stocks have surged following the election victory of Donald Trump, as traders anticipate a looser regulatory environment under his presidency. The financial sector led the gains, with Tesla and other top-performing stocks also seeing significant increases. The overall market responded favorably, with stocks jumping by 5% on Wall Street. The rally reflects investor optimism about potential policy changes. Bank stocks advanced in overnight trading as Trump wins White House.