Trump unleashes a wave of first-day orders. Here's what matters for investors.
Published On Jan 20, 2025, 7:32 PM
On his first day in office, President Trump signed multiple executive orders affecting the energy sector, including a withdrawal from the Paris Climate Accords and a regulatory freeze aimed at increasing U.S. energy production. He indicated a national energy emergency to promote drilling and has plans that could reduce costs and tariffs. This policy shift may influence businesses linked to energy production and tariffs, while the stock market reacted positively without immediate tariff implementations. Trump's presidency is expected to create a bumpy market environment as his policies unfold, with specific implications for sectors like energy and technology.
Stock Forecasts
XOM
Positive
Trump's focus on increasing energy production and reducing regulatory burdens may benefit energy companies. The shift away from renewable energy policies favors traditional oil and gas sectors, likely providing a boost to related stocks in the short term.
SPY
Positive
The avoidance of immediate tariff actions creates a positive sentiment in markets like technology and consumer goods, which faced potential tariffs under Trump's previous administration.
AAPL
Negative
Bans and regulatory changes related to TikTok and similar tech firms could lead to volatility in tech stocks, but immediate impacts are uncertain can lead to negative sentiment as legal challenges unfold.
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