Financial markets rebound following initial negative response to Trump win

Last updated at 10:06 a.m. on Wed., Nov 9
NEW YORK (AP) — Major U.S. stock indexes are climbing in afternoon trading as Wall Street sizes up the implications of Donald Trump’s stunning presidential election victory. The solid gains mark a reversal from earlier in the day, when global stock markets were roiled after it became clear that Trump had sealed the win over Hillary Clinton.
Financial companies are surging in anticipation of higher interest rates and less government regulatio