Fastenal Stock Discussion

Financial Industry
Trump has long been eager to loosen the restrictions on the financial industry. If there is a "Trump 2.0", he is likely to do the same. He said he would reform the strict banking rules set by Biden.
In this way, the banks on Wall Street will be delighted. Companies like $Citigroup (C.US)$ $Goldman Sachs (GS.US)$ and $JPMorgan (JPM.US)$ might find more ways to make money, and their profits may increase accordi...

Stocks closed higher, with new economic data strengthening expectations for a Federal Reserve rate cut in September. The Dow touched a new record above 40,000 since late May.
The $Dow Jones Industrial Average (.DJI.US)$ added 247 points, rising 0.62% to top above 40,000 since late May. The $S&P 500 Index (.SPX.US)$ rose 0.55% to close at 5615.35, and the $Nasdaq Composite Index (.IXIC.US)$ gained 0....

Morning Movers
Gapping up
$Nike (NKE.US)$ stock increased by 1.4% after the sportswear company revealed its Olympic kits, aiming to leverage the appeal of top athletes to attract more consumers.
$Alpine Immune (ALPN.US)$ stock surged over 36% after Vertex Pharmaceuticals announced its plan to acquire the biotech company for about $4.9 billion in cash, which would give Vertex access to a treatment for an autoimmune kidney disease.
$Rent the Runway (RENT.US)$ stock ju...

$Merck & Co (MRK.US)$ $Spotify Technology (SPOT.US)$ $AbbVie (ABBV.US)$ $Procter & Gamble (PG.US)$ $US Foods Holding (USFD.US)$ $Boston Scientific (BSX.US)$ $Self Storage Group Inc (SELF.US)$ $Fastenal (FAST.US)$ $Dick's Sporting Goods (DKS.US)$
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As we approach next week, the earnings season is set to gradually pick up pace, with the remaining major banks scheduled to report their financial results. Additionally, investors will remain focused on analyzing the Consumer Price Index (CPI) and Producer Price Index (PPI) data in anticipation of the Federal Reserve's upcoming meeting on January 30-31.
The market is closed for Martin Luther King Jr Day. $Morgan Stanley (MS.US)$, ...