Shares of European banking stocks, including Credit Suisse (CS) and Deutsche Bank (DB) moved sharply higher Thursday, buoyed by Donald Trump's presidential election. Craig Erlam, a senior market analyst at Oanda, based in London says the gains come as investors expect less banking regulation under the Trump administration and the hopes of lower fines from the U.S. Justice Department. Erlam says Trump may be less likely to "make an example" out of the banks as Hillary Clinton. TheStreet's Scott Gamm reports from Wall Street.
More from Video
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.