Hopes of Trump Win Drive Market Rally by 3%

Optimism surrounding the possibility of a Trump win in the upcoming U.S. presidential election has led to a notable 3% rally in specific markets, particularly benefiting sectors perceived to align well with his policies. Stocks linked to deregulation and pro-business initiatives, like financials and crypto-related assets, have seen a boost.

Bitcoin, for example, rose 11%, and certain banking ETFs gained as well. Investors anticipate policy changes such as new tariffs and banking deregulations, which are fueling market movements ahead of the November elections.