Three weeks after the election, investors are zeroing in on the Trump administration’s policy trajectory. The Trump 2.0 cabinet is nearly set, with nominees for key economic roles like Treasury and Commerce Secretary mostly decided.
In this environment, U.S. equities have been volatile. The 'Trump trade' initially surged, pulled back on concerns about reflation, and then began to rebound. Since election day, the $S&P 500 Index (.SPX.US)$ has risen...

$Bank of America (BAC.US)$ is seeing its heaviest options trading volume in more than a month Tuesday morning after the company forecast a rebound in net interest income in the fourth quarter and reported second quarter earnings that beat analysts' estimates.
Net interest income, a measure of what the bank earns on loans minus the interest it pays its depositors, is expected to rise to $14.5 billion in the fourt...

RECAP
Stocks declined for a second day, weighed down by declines in tech giants that previously lifted major indices higher in 2023.
The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ lost 1.2% to 14,592.21, building on its worst daily performance since October. The $S&P 500 Index (.SPX.US)$ declined 0.8% to 4,704.81, while the $Dow Jones Industrial Average (.DJI.US)$ fell 0.8% to 37,430.19.
Software stocks tracked by moomoo slid...