U.S. Stocks Climb as Banks, Drugmakers Rally Amid Trump Victory

U.S. Stocks Climb as Banks, Drugmakers Rally Amid Trump Victory

U.S. stocks rose in heavy trading, with the S&P 500 Index near a one-month high, as shares of banks to heavy equipment manufacturers rallied amid speculation Donald Trump will pursue business-friendly policies after his surprise election as president. Health-care shares and lenders surged as investors unwound bets that a win by Hillary Clinton would bring stronger regulatory scrutiny.

from Biotech News