Trump's deregulation nation; Silicon Valley tackles immigration ban; Macy's buzz

Trump: Travel ban working out very nicely

Trump: Travel ban working out very nicely

1. Deregulation nation: Investors cheered an executive order signed by President Donald Trump on Friday that began to dismantle expansive Dodd-Frank reform of Wall Street. Bulls hope it will boost stocks through the week.

Shares of big banks like JPMorgan (JPM), Wells Fargo (WFC) and Citigroup (C) rallied more than 2% each on Friday. Goldman Sachs (GS) popped over 4%. They’ll aim to keep the streak going — but they’ll need Congress’ help to actually repeal the bill.

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Latest stock market news from Wall Street – CNNMoney.com

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