INITIAL MARKET REACTION TO TRUMP VICTORY:

• U.S. Stocks: Broadly higher across sectors
• $XLF: Big banks higher on expectations of regulatory relief, M&A growth
• Cannabis Stocks: $WEED (-5.78%), $MSOS, $TLRY (-12.59%) down as Florida votes against legalization
• $CVS (+3.49%), $UNH (-0.16%) : Health insurers rally on potential easing of Medicare Advantage pressures
• $XLE (+1.26%) , $XOM (-0.39%): Energy stocks higher, anticipating fossil fuel support and less regulation
• Solar/Renewables: Pressure on $FSLR (-0.56%), $SEDG (-3.23%), EV, hydrogen, and battery stocks as clean energy subsidies could be rolled back
• Crypto: Higher as Trump holds a favorable stance, $BTC (+3.15%) strong
• $TSLA (+1.45%): Higher after Trump Win as Musk was all-in on support
• Bonds: Weaker, with yields rising on fiscal concerns
• China Stocks: Weak as tariff pressures and anti-China policy concerns grow
• Peso/Mexican Equities: Weaker on aggressive trade policies and tariffs fear
• FinTech: Higher with $HOOD (-1.16%), $AFRM (-3.04%) , $SQ (-3.55%), $SOFI (-2.08%) responding positively
• Dollar: Stronger due to pro-business policies
• $META (+4.3%), $SNAP (+8.41%): Mixed as TikTok ban concerns ease
• Overall: Dollar, crypto, energy, banks, and U.S. stocks higher; bonds, renewables, and cannabis under pressure.